Modern Economy, 2017, 8, 690-711
http://www.scirp.org/journal/me
ISSN Online: 2152-7261
ISSN Print: 2152-7245
DOI: 10.4236/me.2017.85049 May 16, 2017
Trade Openness and Tax Revenue Performance
in East African Countries
Micah Samuel Gaalya
1
, Bbaale Edward
2
, Hisali Eria
2
1
Commissioner General’s Office, Uganda Revenue Authority, Kampala, Uganda
2
College of Business and Management Science, Makerere University, Kampala, Uganda
Abstract
Despite the well-known gains from trade, the effects of trade openness are a
priori ambiguous. For this reason it’s important to establish the effects of
trade openness on different sources of government revenue for any country
opening its borders to trade. This study sought to establish the effects of
trade openness on different categories of taxes. A panel data cointegration
technique that uses the Fully Modified Ordinally Least Squares and Dyna-
mic Ordinally Least Squares were employed. The data are annual cross
country panels of East Africa countries covering the period 1994-2012. The
data were obtained from the IMF’s International Finance Statistics, the
African Development Bank’s African Economic Outlook and the World
Bank’s World Development Indicators. We found that the average tariff rate
used as a measure for trade openness positively influences total tax, indirect
tax and trade tax while the average tariff rate squared is negative, illustrating
a “Laffer effect” for the three tax categories. The relationship between trade
openness and direct taxes is found to be insignificant. The policy implica-
tion is that governments of EAC countries should asymmetrically imple-
ment trade openness policies, particularly lowering the tariff rate to help in
improving tax performance.
Keywords
Trade Openness, Tax Revenue Performance, EAC Countries
1. Introduction
The latter part of the twentieth century has been associated with substantial ex-
pansion in trade flows, capital movements as well as mobility of labour across
borders. During the period world trade in goods and services has grown dra-
matically from about US $6.199 trillion in 1994 to approximately US $26.02 tril-
How to cite this paper: Gaalya, M.S., Ed-
ward, B. and Eria, H. (2017) Trade Open-
ness and Tax Revenue Performance in East
African Countries. Modern Economy, 8, 690-
711. https://doi.org/10.4236/me.2017.85049
Received: March 12, 2017
Accepted: May 13, 2017
Published: May 16, 2017
Copyright © 2017 by authors and
Scientific Research Publishing Inc.
This work is licensed under the Creative
Commons Attribution International
License (CC BY 4.0).
http://creativecommons.org/licenses/by/4.0/
Open Access