The Influence of CAMEL Ratios on Credit Rating Evaluation in Tanzanian Commercial Banks: An Empirical Analysis

2022

JGE

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The study's overarching goal is to assess the influence of Value Added Tax (VAT) revenue on private domestic investment in emerging countries. The study used a time series research design, and it is a case study of one country, Tanzania. Annual time series data from 1998 to 2020 were used in the study. The data on tax income (VAT) is taken from the Tanzania Revenue Authority website and the Bank of Tanzania, while the data on private domestic investment as Gross fixed capital formation of the private sector as a percentage of GDP is obtained from the World Bank. Following the first tests for heteroscedasticity, multi-collinearity, unit roots, lag length selection, and co-integrating vectors. The long-run and short-run correlations were then computed. The findings demonstrated that in the long run, value added tax is negatively associated to private domestic investment. The analysis showed a negative association between the degree of investment and the value added tax parameter estimates. Even though value added tax generates government revenue, increasing it encourages tax evasion and leads to high prices of goods, putting the burden on low-income earners, reducing disposable income and distorting saving and private domestic investment. The study recommends that governments reduce VAT rates, simplify their tax regimes, address any tax administrative issues, and plug all gaps for tax evasion in order to increase revenue generation and attract private investments. For example, the government should improve an appropriate tax system and implement progressive tax reforms to attract private investors. As the study's findings demonstrated that value added tax has a negative long-term impact on investment, a greater value added tax levied causes higher corporate costs. Governments must also lower VAT rates, simplify their tax regimes, address any tax administrative issues, and close any gaps for tax evasion in order to increase revenue generation and attract private investment. For example, the government should improve an appropriate tax system and implement progressive tax reforms to attract private investors. As the study's findings demonstrated that value added tax has a negative long-term impact on investment, a greater value added tax levied causes higher corporate costs.

Influence of Value Added Tax Revenue on Private Domestic Investment in Developing Countries

2022

JGE

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Nexus Between Money Supply and Economic Development in East Africa Countries: An Empirical Study using ARDL

2022

JGE

Self Cite

This study assesses the connection between money supply and economic growth in developing countries. The study made use of time series data from the National Bureau of Statistics (NBS) and Bank of Tanzania. The study was looked at using the Auto Regressive Distributed Lag Model (ARDL). The study demonstrates that overall, the money supply has a significant favorable effect on economic expansion. The results demonstrate that the money supply boosts economic growth in underdeveloped nations. The results of the study indicate that, on the whole, the money supply has a significantly favorable effect on economic expansion. According to the results, emerging nations' economies expand faster when there is more money available. In order to forecast the future value of economic growth, the study also recommended that future studies include exogenous variables in autoregressive integrated moving averages.

Effectiveness of Financial Planning on Public Sectors Performance in Tanzania

2023

JGE

Financial planning is very imperative in public and private sectors performance not only for developed countries but in developing countries. Tanzania like other developing countries where by public sectors performance is not achieved well. The study examined the effectiveness of financial planning on public sectors performance in Tanzania. The performance of organizations was measured by Return on Assets (ROA). The study used the “cross - sectional survey research design”. Data was collected from 128 staffs from five public sectors in Tanzania through questionnaires. Probability sampling was employed to choose staffs. This study opted mixed research approach. This study opted descriptive analysis such as standard deviation, mean and variance. Furthermore, correlation and multiple linear regression model was conducted to demonstrate the association between determinants. SPSS application was employed in analysis of data. The results showed that, there is statistically positive association between financial planning and public sector performance in Tanzania with P-Value 0.04. The study recommends that the governments should be increase the oversights to in order to ensure that the financial planning’s are implemented effectively and efficiently, therefore to archive the public sectors performance in Tanzania. The study likewise suggests that all public sector organizations should make sure that the operation systems are implemented effectively, therefore can archive the performance. Also, the study suggests that financial strategies and full accountabilities from staffs is needed in public sector organizations in order to increase performance.