Proceedings of the 2025 3rd International Conference on Digital Economy and Management Science (CDEMS 2025)

The Effect of Revenue from Taxation on the Economic Growth of Bangladesh: Evidence from Time Series Data

Authors
Naznin Akhter Nipa1, Yan Liu1, *, Sazal Ahmed2, Sissoko Bourema3
1School of Economics and Management, Southwest Forestry University, Kunming, 650224, China
2College of Big Data and Intelligence Engineering, Southwest Forestry University, Kunming, 650224, China
3College of Foreign Language, Southwest Forestry University, Kunming, 650224, China
*Corresponding author. Email: liuy@swfu.edu.cn
Corresponding Author
Yan Liu
Available Online 26 June 2025.
DOI
10.2991/978-94-6463-770-0_51How to use a DOI?
Keywords
Taxation; Economic growth; Impact; Bangladesh; Tax policy
Abstract

Taxes play a pivotal role in influencing a nation's economic progress by generating revenue for essential public goods and services. Nonetheless, an excess of taxation can impede economic growth by deterring investment and consumption. Therefore, this study examines the relationship between taxation and economic growth in Bangladesh through the application of econometric analysis. A time series data collected from the period of 1987–2022 was applied to conduct the econometric analysis. This investigation employs diverse econometric techniques and models to explore the impact of taxation on economic growth in Bangladesh. The results revealed the GDP growth by indicating 1% increase of tax revenue, GDP will be increased by 0.00068%. The econometric study yields a substantial coefficient of R2 = 0.971, indicating a high level of determination with a forecasting accuracy of 97.1%. Furthermore, it is evident that not all taxes exert an identical influence on bolstering the economy. These findings offer valuable insights for policymakers in formulating effective tax policies that promote sustainable economic growth.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2025 3rd International Conference on Digital Economy and Management Science (CDEMS 2025)
Series
Advances in Economics, Business and Management Research
Publication Date
26 June 2025
ISBN
978-94-6463-770-0
ISSN
2352-5428
DOI
10.2991/978-94-6463-770-0_51How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Naznin Akhter Nipa
AU  - Yan Liu
AU  - Sazal Ahmed
AU  - Sissoko Bourema
PY  - 2025
DA  - 2025/06/26
TI  - The Effect of Revenue from Taxation on the Economic Growth of Bangladesh: Evidence from Time Series Data
BT  - Proceedings of the 2025 3rd International Conference on Digital Economy and Management Science (CDEMS 2025)
PB  - Atlantis Press
SP  - 444
EP  - 467
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-770-0_51
DO  - 10.2991/978-94-6463-770-0_51
ID  - Nipa2025
ER  -