Comparative Analysis of Public Revenue and Economic Growth in Pakistan, Nigeria, and Thailand Purpose: To compare the impact of public revenue on economic growth in three distinct national contexts. Countries: Pakistan, Nigeria, and Thailand Focus: Revenue structure, elasticity, causality, and policy implications
Methodology Overview Country | Data Period | Tools Used | GDP Type Pakistan | 1979-2017 | ADF, ARDL, GDP Forecast Model | Nominal GDP Nigeria | 1986-2017 | ADF, Johansen Cointegration, ECM, VAR | Real GDP Thailand | 2015-2017 | Qualitative Methods, Expert Interviews | Local Gov. Index
Long-Run Revenue Elasticity Pakistan: +1.24% GDP for every 1% increase in tax revenue Negative elasticity for Additional Receipts (–0.18%) Nigeria: Oil, Non-Oil, and FG Independent Revenues: all positively correlated with GDP Thailand: Local tax authority weak; heavy dependence on central grants
Conclusion The quality, composition, and governance of public revenue are decisive in shaping economic trajectories Fiscal strategies must be context-sensitive but evidence-led Sustainable growth requires more than revenue volume: it needs structure, strategy, and synergy