The impact of regular taxation on non-oil economic growth: Evidence from a PANEL-ARDEL study in the Arab Gulf Cooperation Council countries – during the period 1990-2019
Résumé
Abstract This study aimed to identify the contribution of fiscal ordinary to achieving economic growth outside of hydrocarbons in the GCC countries during the period 1990–2019. By using the PMG method and by taking GDP outside of hydrocarbons as a dependent variable, and fiscal regular revenues as the main independent variable, in addition to other independents variables. The study found that the decline in oil prices harmed the sample countries during the study period which made them implement many reforms to their tax structures to ensure the sustainability of public revenues outside the fiscal petroleum. Jel Classification: E62, O47, C22.
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