Examining the link between tax revenue mobilization efforts and capital flight in African countries
ABSTRACTThis article examines the impact of tax revenue mobilization on capital flight in 30 African countries, focusing on the role of natural resources. Over the period 1998–2018, econometric analysis based on dynamic generalized method of moments suggests that tax revenue mobilization reduces cap...
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| Format: | Article |
| Language: | English |
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Taylor & Francis Group
2024-12-01
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| Series: | Development Studies Research |
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| Online Access: | https://www.tandfonline.com/doi/10.1080/21665095.2024.2339349 |
| _version_ | 1797213074174771200 |
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| author | Kuamvi Sodji |
| author_facet | Kuamvi Sodji |
| author_sort | Kuamvi Sodji |
| collection | DOAJ |
| description | ABSTRACTThis article examines the impact of tax revenue mobilization on capital flight in 30 African countries, focusing on the role of natural resources. Over the period 1998–2018, econometric analysis based on dynamic generalized method of moments suggests that tax revenue mobilization reduces capital flight in Africa. However, when countries have more natural or oil resources, the negative impact of tax revenues on capital flight weakens. Therefore, despite the importance of the benefits associated with natural resource wealth (in particular, oil wealth), the latter compromises the impact of tax revenue mobilization on stemming capital flight. Finally, greater responsibility in the management of natural resources and more transparent reporting by companies operating in this sector are needed. |
| first_indexed | 2024-04-24T10:52:29Z |
| format | Article |
| id | doaj.art-c3c0994ccbef4e04a70ed832b96cafc5 |
| institution | Directory Open Access Journal |
| issn | 2166-5095 |
| language | English |
| last_indexed | 2024-04-24T10:52:29Z |
| publishDate | 2024-12-01 |
| publisher | Taylor & Francis Group |
| record_format | Article |
| series | Development Studies Research |
| spelling | doaj.art-c3c0994ccbef4e04a70ed832b96cafc52024-04-12T09:03:16ZengTaylor & Francis GroupDevelopment Studies Research2166-50952024-12-0111110.1080/21665095.2024.2339349Examining the link between tax revenue mobilization efforts and capital flight in African countriesKuamvi Sodji0Faculty of Economics and Management, University of Lome, Lome, TogoABSTRACTThis article examines the impact of tax revenue mobilization on capital flight in 30 African countries, focusing on the role of natural resources. Over the period 1998–2018, econometric analysis based on dynamic generalized method of moments suggests that tax revenue mobilization reduces capital flight in Africa. However, when countries have more natural or oil resources, the negative impact of tax revenues on capital flight weakens. Therefore, despite the importance of the benefits associated with natural resource wealth (in particular, oil wealth), the latter compromises the impact of tax revenue mobilization on stemming capital flight. Finally, greater responsibility in the management of natural resources and more transparent reporting by companies operating in this sector are needed.https://www.tandfonline.com/doi/10.1080/21665095.2024.2339349Capital flight; residual methodnatural resourcestax revenuesGMMC23E6 |
| spellingShingle | Kuamvi Sodji Examining the link between tax revenue mobilization efforts and capital flight in African countries Development Studies Research Capital flight; residual method natural resources tax revenues GMM C23 E6 |
| title | Examining the link between tax revenue mobilization efforts and capital flight in African countries |
| title_full | Examining the link between tax revenue mobilization efforts and capital flight in African countries |
| title_fullStr | Examining the link between tax revenue mobilization efforts and capital flight in African countries |
| title_full_unstemmed | Examining the link between tax revenue mobilization efforts and capital flight in African countries |
| title_short | Examining the link between tax revenue mobilization efforts and capital flight in African countries |
| title_sort | examining the link between tax revenue mobilization efforts and capital flight in african countries |
| topic | Capital flight; residual method natural resources tax revenues GMM C23 E6 |
| url | https://www.tandfonline.com/doi/10.1080/21665095.2024.2339349 |
| work_keys_str_mv | AT kuamvisodji examiningthelinkbetweentaxrevenuemobilizationeffortsandcapitalflightinafricancountries |