IDEAS home Printed from https://ideas.repec.org/a/zbw/espost/334353.html
   My bibliography  Save this article

Economics of an export tax in the standard Keynesian framework: the case of Nigeria

Author

Listed:
  • Vasilev, Aleksandar

Abstract

The standard textbook treatment of expansionary fiscal policy at intermediate macroeconomics level (and specifically implemented via a tax rate reduction), e.g., Blanchard (2021), Burda and Wyplosz (2023), or even at an advanced level, e.g., Romer (2018) - only considers tax cuts affecting the economy through the consumption function, by increasing the level of disposable income. Motivated by the public finance model in Nigeria, in this paper we introduce taxes on oil exports in the Keynesian cross framework and study the effects of a cut in those taxes. As expected, a cut in the export tax rate stimulates aggregate demand. There is also a multiplier effect, which we refer to the “export tax multiplier effect.” Our findings are novel in the literature and could be of interest both to policy makers, as well as economists interested in economic education and teaching.

Suggested Citation

  • Vasilev, Aleksandar, 2025. "Economics of an export tax in the standard Keynesian framework: the case of Nigeria," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 11(1), pages 7-11.
    • Handle: RePEc:zbw:espost:334353
    DOI: 10.14505/jmef.v11.1(20).01
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/334353/1/1-JMEF%20%282%29.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.14505/jmef.v11.1(20).01?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Vasilev, Aleksandar, 2018. "Is consumption-Laffer curve hump-shaped? The VAT evasion channel," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 45(3), pages 598-609.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Damiani, Genaro Martín, 2024. "Indirect tax evasion, shadow economy, and the Laffer curve: A theoretical approach," MPRA Paper 121779, University Library of Munich, Germany.
    2. Sorin-Constantin Deaconu & Sorin-Ciprian Teiusan, 2022. "Cases Of Limited Deductibility Value-Added Tax," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 225-232, August.

    More about this item

    Keywords

    ;

    JEL classification:

    • A2 - General Economics and Teaching - - Economic Education and Teaching of Economics
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • C65 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Miscellaneous Mathematical Tools

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:espost:334353. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/zbwkide.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.