Sayef Bakari


The aim of this article is to study empirically the nexus between tax revenue, domestic investment and economic growth in France, since it's never been done before. In addition, there were many problems and repercussions that criticized France's tax policy and its danger to the economic structure, which encourages us to do this research. To attempt this objective, annual data for the period 1972 - 2016 was tested by using correlation analysis and estimation based on vector error correction model. Our results suggest that in the long run there is a negative relationship between tax revenue, domestic investment and economic growth. It is seen that the strategy tax policy of France is not safe for domestic investment and economic growth. For this reason, immediate intervention should be encouraged to carry out the necessary measures before the situation becomes more disastrous.

Full Text:



Avila, D. R., and Strauch, R. (2008). “Public finances and long term growth in Eu-rope: Evidence from a panel data analysis”. European Journal of Political Economy, 24, 172-191.

Bakari, S (2017). “The Relationship between Export, Import, Domestic Investment and Economic Growth in Egypt: Empirical Analysis.” EuroEconomica. Issue 2(36)/2017.

Bakari, S and Mabrouki, M (2017). "The Effect of Agricultural Exports on Economic Growth in South-Eastern Europe: An Empirical Investigation Using Panel Data". Journal of Smart Economic Growth. Volume 2, Number 4, Year 2017.

Ben Ammar, F and Ben Ammou Saloua (2016). "Impact des recettes fiscales sur la croissance économique (Cas des grands pays et des paradis fiscaux)". International Journal of Business & Economic Strategy (IJBES), Vol.4, 2016 - pp. 1-6.

Bukie, H.O. and Adejumo, T (2013). “The effect of tax revenue on economic growth in Nigeria”. International Journal of Humanities and Social Invention, 2(6): 16 – 26.

Dickey, D. A. and W. A. Fuller (1979). Distribution of Estimators of Autoregressive Time Series with a Unit Root. Journal of the American Statistical Association, 74, 427-31.

Dickey, D. and Fuller W. (1981). Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root. Econometrica, 49, 1057-1072.

Hamzaoui, M and Bousselhami, N (2017). "Impact De La Fiscalite Sur La Croissance Economique Du Maroc". European Scientific Journal February 2017 edition Vol.13, No.4 ISSN: 1857 – 7881 (Print) e - ISSN 1857- 7431. http://dx.doi.org/10.19044/esj.2017.v13n4p104

Johansen, S and Juselius, K (1990). “Maximum likelihood estimation and inference on cointegration, with applications to the demand for money.” Oxford Bulletin of Economics and Statistics, 52, 169 – 210.

Johansen, S. (1988). “Statistical analysis of cointegration vectors.” Journal of Economic Dynamics and Control, 12 (2–3): 231 – 254.

Johansen, S. (1991). “Estimation and hypothesis testing of cointegration vectors in gaussian vector autoregressive models”, Econometrica, 59, 1551 – 1580.

Mbulawa, S. (2017). “The impact of economic infrastructure on long term economic growth in Botswana.” Journal of Smart Economic Growth. Volume 2, Number 1, Year 2017.

Sims, C (1980), “Macroeconomics and Reality”, Econometrica, 48, pp. 1-48.

Sims, C (1996), “Macroeconomics and Methodology”, Journal of Economic Perspectives, vol. 10 (1), pp. 105-120.

Skinner, J. (1988). “Taxation and output growth in Africa”. International Economics Department, The World Bank, Working Paper Series 73.

Takumah, W. (2014). “Tax Revenue and Economic Growth in Ghana: A Cointegration Approach”. MPRA Paper No. 58532. Retrieved from https://mpra.ub.uni-muenchen.de/58532/1/MPRA_paper_58532.pdf

Takumah, W. and Iyke, B. N. (2017). “The links between economic growth and tax revenue in Ghana: an empirical investigation”. International Journal of Sustainable Economy, 9(1), 34–55.

Tanchev, S. (2016). “The role of the proportional income tax on economic growth of Bulgaria”. Ikonomicheski Izsledvania, 25(4), 66–77.

Zhang, Z., Li, Y., 2011. “The impact of carbon tax on economic growth in China”. Energy Procedia 5, 1757–1761.


  • There are currently no refbacks.

Creative Commons License

All the articles published in JSEG are licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.