Econometric Modelling: The Impact of Tourism Tax to Incomes Amount
Journal Title: Academic Journal of Economic Studies - Year 2018, Vol 4, Issue 4
Abstract
Assessing the impact of the change in the value-added of tourism in Azerbaijan on the state budget revenue by modeling the econometric model. Comparative statistical analysis, correlation - regression method of mathematical statistics. Growth ratio of budget revenues has been determined by the increase in the physical volume of the tourism sector as the type of business activity in the Gross Domestic Product. The income from the tourism sector and the limited amount of scientific research on the payment of tax payments paid to the budget. Can be used as a scientific source to determine the effectiveness of tax revenue by the physical volume of the tourism sector as the type of economic activity in the gross domestic product. The main factors for evaluating the role of tourism in the development of Azerbaijan's economy were determined, a model of regression of the influence of the additional release in the tourism sector on tax revenues was established by the application of the econometric model and its economic interpretation was given.
Authors and Affiliations
Anar Eminov, Elchin Suleymanov
Keywords
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2Department of Science Education, University of Technology Yola, Nigeria
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