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Social and Behavioral Sciences Commons™
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Full-Text Articles in Social and Behavioral Sciences
Causality Analysis Of Disaggregated Fdi Inflows On Sectorial Growth In Oecd Area, Lawrence Ogbeifun, Olatunji Abdul Shobande
Causality Analysis Of Disaggregated Fdi Inflows On Sectorial Growth In Oecd Area, Lawrence Ogbeifun, Olatunji Abdul Shobande
Faculty and Student Publications
This article revisits the link between disaggregated Foreign Direct Investment (FDI) inflows and sectorial growth using the panel dataset of 25 Organisation for Economic Co-operation and Development (OECD) countries for the period 1990 to 2017. It adopted the panel fixed effect and Feasible Generalized Least Squares Approach in its analysis. The findings show that disaggregated FDI inflows have the potential to improve growth in the OECD area with adverse effects on domestic investment and inflationary pressure. Additionally, the results further indicate that disaggregated FDI inflows have a positive and significant relationship on the service and manufacturing sector but with no …
Taxing Gambling Machines To Enhance Public And Private Revenue, Thomas A. Garrett, David Paton, Leighton Vaughan Williams
Taxing Gambling Machines To Enhance Public And Private Revenue, Thomas A. Garrett, David Paton, Leighton Vaughan Williams
Faculty and Student Publications
© 2020 The Authors. Kyklos published by John Wiley & Sons Ltd Electronic gambling (‘slot’) machines are a key component of the global gambling industry. We introduce a theoretical framework which shows that under reasonable assumptions, shifting from a per-machine licence fee to a gross profits tax (GPT) on machine revenue can help to resolve policy tensions between industry profitability, economic growth and government revenue. We test the theory using data on recent changes to gambling taxation in the UK, in particular the move to a gross profits-based Machine Games Duty (MGD). Our results reveal that the shift from licence …