The Nexus between Taxes and Jordanian Economic Growth

By using quarterly time data for variables: real GDP, income tax on individuals and companies, and general sales tax, to examine the relationship between these five variables during the period 2007-2023 and the unit root test showed the stationarity of the data and found a common integration between them, and the negative and significant value of the correction coefficient in the error correction model showed a long-term relationship between these variables, and this long-term relationship revealed that the impact of the values of customs tax, corporate income tax, general sales tax, and individual income tax was Positive on GDP and statistically significant, we conclude that it stimulates economic growth in Jordan.

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Publication Details

Journal
WSEAS TRANSACTIONS ON ENVIRONMENT AND DEVELOPMENT
Published
2024-11-28
DOI
https://doi.org/10.37394/232015.2024.20.68
Citations
1
Primary Topic
Islamic Finance and Banking Studies
Type
article
Field-Weighted Citation Impact
0.95
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article

The Nexus between Taxes and Jordanian Economic Growth

Khaled Mohammed Al-Sawaie, Abdelhalim Mohammad Jubran, Morad Khaled Radaideh
1 citations
WSEAS TRANSACTIONS ON ENVIRONMENT AND DEVELOPMENT
Islamic Finance and Banking Studies
0.95
article

The Nexus between Taxes and Jordanian Economic Growth

Khaled Mohammed Al-Sawaie, Abdelhalim Mohammad Jubran, Morad Khaled Radaideh
article en
1 citations

Abstract

By using quarterly time data for variables: real GDP, income tax on individuals and companies, and general sales tax, to examine the relationship between these five variables during the period 2007-2023 and the unit root test showed the stationarity of the data and found a common integration between them, and the negative and significant value of the correction coefficient in the error correction model showed a long-term relationship between these variables, and this long-term relationship revealed that the impact of the values of customs tax, corporate income tax, general sales tax, and individual income tax was Positive on GDP and statistically significant, we conclude that it stimulates economic growth in Jordan.

WSEAS TRANSACTIONS ON ENVIRONMENT AND DEVELOPMENTVol. 20
Zarqa University (JO), Al-Balqa Applied University (JO)
Decent work and economic growth
Openalex Percentile: Top 18%
Islamic Finance and Banking Studies
0.95
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The Nexus between Taxes and Jordanian Economic Growth — Khaled Mohammed Al-Sawaie, Abdelhalim Mohammad Jubran, et al. · WSEAS TRANSACTIONS ON ENVIRONMENT AND DEVELOPMENT (2024) | TGRS Research Map | TGRS