Abstract
Occasion by the Government policies on revenue generation, this study examined the influence of tax policy on Nigeria’s economic growth using panel data regression analysis. We make use of secondary data source from the National Bureau of Statistics of Nigeria. The findings indicate that both VAT and TOP exert a negative impact on economic growth, with VAT being significant. On the other hand, PPT and CIT positively influence economic growth, with only PPT showing significance. The R-square values suggest that the predictor variables explain a substantial portion of the systematic variation in economic growth. The Hausman test is conducted to determine whether the fixed effect or random effect model is more appropriate for the analysis. The results of the test provide insights into the presence of endogeneity and the selection of the suitable model for the dataset. Based on the results, it is concluded that tax reforms enhance economic growth.
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