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1

Shikongo, A., A. Shikongo, O. Kakujaha-Matundu, and T. Kaulihowa. "Revenue Productivity of the Tax System in Namibia: Tax Buoyancy Estimation Approach." Journal of Economics and Behavioral Studies 11, no. 2(J) (May 13, 2019): 112–19. http://dx.doi.org/10.22610/jebs.v11i2(j).2826.

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Buoyancy refers to how tax revenue responds to a gross domestic product without correcting for discretionary alterations in the tax system. The paper assessed the buoyancy of Namibia’s overall tax system in an attempt to measure the response of the tax system in entirety because of fluctuations in the national income and/or the deliberate act by the government to increase tax rate, reviewed tax code and tax machinery etc. The study employed the Engle-Granger approach to the error correction model to estimate the tax buoyancy for the period 2001 to 2014. The empirical findings from the study revealed that overall the Namibian tax system is income inelastic and not buoyant. This is confirmed by a low and negative value of 0.036 which is less than unit. Thus, the economy is not generating sufficient revenue both through discretionary tax measure and through the expansion in the economic activities. Therefore, the government need to introduce measures that will allow for more tax revenue collection to have a stable revenue base. This also means the government need to keep track of tax mobilization with growth in the gross domestic product as well as to ascertain taxes that are productive.
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2

., Andreas, and J. P. S. Sheefeni. "Examining the Causal Relationship between Private Sector Credit Extended and Economic Growth in Namibia." Journal of Economics and Behavioral Studies 11, no. 2(J) (May 13, 2019): 23–29. http://dx.doi.org/10.22610/jebs.v11i2(j).2815.

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The paper examined causality between Private Sector Credit Extension (PSCE) and Economic growth using quarterly data for the period 2000:Q1-2017:Q4, in Namibia. The variables employed were Gross Domestic Product (GDP), Private Sector Credit Extended, Broad Money Supply (M2) and lending rates. The study tested for stationarity in order to determine the order of integration. Furthermore, a co-integration test was conducted on different sets of variables to establish the long run relationship. Granger causality test was also conducted to establish the direction of the relationships between the variables. The results for the stationarity test showed a combination of different orders of integration. The co-integration test revealed a stable long-run relationship among the variables. The Granger causality test results revealed one-directional causality running from PSCE to GDP. Therefore, one can conclude that that change in private sector credit extended can help predict economic growth.
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3

Rajewski, Zenon. "Gross Domestic Product." Eastern European Economics 32, no. 4 (July 1994): 71–80. http://dx.doi.org/10.1080/00128775.1994.11648537.

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4

XU, Xianchun. "China's gross domestic product estimation." China Economic Review 15, no. 3 (January 2004): 302–22. http://dx.doi.org/10.1016/j.chieco.2003.09.021.

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5

Razack, Sarah, and S. Indumati. "Empirical Relationship between Gross Domestic Product and Gross Domestic Savings in India." Asian Journal of Research in Business Economics and Management 5, no. 3 (2015): 10. http://dx.doi.org/10.5958/2249-7307.2015.00054.7.

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6

Sabia, Joseph J. "MINIMUM WAGES AND GROSS DOMESTIC PRODUCT." Contemporary Economic Policy 33, no. 4 (January 23, 2015): 587–605. http://dx.doi.org/10.1111/coep.12099.

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7

McCusker, John J. "Estimating Early American Gross Domestic Product." Historical Methods: A Journal of Quantitative and Interdisciplinary History 33, no. 3 (January 1, 2000): 155–62. http://dx.doi.org/10.1080/01615440009598956.

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8

Butlin, N. G., and W. A. Sinclair. "Australian Gross Domestic Product 1788-1860." Australian Economic History Review 26, no. 2 (January 1986): 126–47. http://dx.doi.org/10.1111/aehr.262003.

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9

Konchitchki, Yaniv, and Panos N. Patatoukas. "Accounting earnings and gross domestic product." Journal of Accounting and Economics 57, no. 1 (February 2014): 76–88. http://dx.doi.org/10.1016/j.jacceco.2013.10.001.

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10

Braby, Justine, Jessica-Jane Lavelle, Johannes Mulunga, Newman Nekwaya, Fikameni Mathias, and Angula Angula. "Citizen wellbeing and GDP: Towards more appropriate measures of Namibia's success and progress." Journal of Social Change 8, no. 1 (January 1, 2016). http://dx.doi.org/10.5590/josc.2016.08.1.03.

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Developing nations like Namibia are aiming to industrialize much like developed nations and use the gross domestic product to measure their progress. However, this development path has been largely unsustainable. For Namibia to develop into a sustainable society, a different approach is needed. This study aimed to find entry points toward such an approach. Surveys were conducted in Windhoek, Namibia's capital, to measure human well-being. Generally, as is expected in a developing country, well-being correlated positively along the income line. However, the indicators did illustrate that a more holistic measure would go a long way toward more effective development planning in Namibia. This study provided an entry point from which further work will be undertaken.
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11

"Gross domestic product." Main Economic Indicators 2020, no. 4 (April 11, 2020). http://dx.doi.org/10.1787/54ace363-en.

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12

"Gross domestic product." Main Economic Indicators 2020, no. 11 (November 10, 2020). http://dx.doi.org/10.1787/f9721099-en.

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13

"Gross domestic product." Main Economic Indicators 2020, no. 9 (September 10, 2020). http://dx.doi.org/10.1787/077bf060-en.

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14

"Gross domestic product." Main Economic Indicators 2021, no. 8 (August 12, 2021). http://dx.doi.org/10.1787/b04af221-en.

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15

"Gross domestic product, volume indices." Quarterly National Accounts 2020, no. 3 (December 16, 2020). http://dx.doi.org/10.1787/bd82674b-en.

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16

"Gross domestic product, volume indices." Quarterly National Accounts 2019, no. 4 (March 18, 2020). http://dx.doi.org/10.1787/f548e401-en.

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17

"Gross domestic product, price indices." Quarterly National Accounts 2019, no. 4 (March 18, 2020). http://dx.doi.org/10.1787/df1afff1-en.

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18

"Gross domestic product, price indices." Quarterly National Accounts 2020, no. 3 (December 16, 2020). http://dx.doi.org/10.1787/7b7ffc7b-en.

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19

"Gross domestic product, expenditure approach: Germany." Quarterly National Accounts 2019, no. 4 (March 18, 2020). http://dx.doi.org/10.1787/87b11f1e-en.

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20

"Gross domestic product, expenditure approach: Latvia." Quarterly National Accounts 2020, no. 3 (December 16, 2020). http://dx.doi.org/10.1787/87ea908f-en.

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21

"Gross domestic product, volume, 2015=100." Main Economic Indicators 2020, no. 9 (September 10, 2020). http://dx.doi.org/10.1787/0def9659-en.

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22

"Gross domestic product, volume, 2015=100." Main Economic Indicators 2020, no. 6 (June 11, 2020). http://dx.doi.org/10.1787/0f1836ad-en.

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23

"Gross domestic product, expenditure approach: Iceland." Quarterly National Accounts 2019, no. 4 (March 18, 2020). http://dx.doi.org/10.1787/116dbb23-en.

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24

"Gross domestic product, expenditure approach: Austria." Quarterly National Accounts 2020, no. 2 (September 18, 2020). http://dx.doi.org/10.1787/9a0cf877-en.

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25

"Gross domestic product, expenditure approach: Slovenia." Quarterly National Accounts 2019, no. 4 (March 18, 2020). http://dx.doi.org/10.1787/9cd4f364-en.

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26

"Gross domestic product, expenditure approach: Greece." Quarterly National Accounts 2020, no. 3 (December 16, 2020). http://dx.doi.org/10.1787/ebf7d5c4-en.

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27

"Gross domestic product, expenditure approach: Korea." Quarterly National Accounts 2019, no. 4 (March 18, 2020). http://dx.doi.org/10.1787/0146ac71-en.

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28

"Gross domestic product, expenditure approach: Hungary." Quarterly National Accounts 2020, no. 3 (December 16, 2020). http://dx.doi.org/10.1787/039a2548-en.

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29

"Gross domestic product, expenditure approach: France." Quarterly National Accounts 2020, no. 3 (December 16, 2020). http://dx.doi.org/10.1787/0467a439-en.

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30

"Gross domestic product, expenditure approach: Spain." Quarterly National Accounts 2019, no. 4 (March 18, 2020). http://dx.doi.org/10.1787/195f1eb7-en.

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31

"Gross domestic product, expenditure approach: G7." Quarterly National Accounts 2019, no. 4 (March 18, 2020). http://dx.doi.org/10.1787/1beb19f5-en.

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32

"Gross domestic product, expenditure approach: Estonia." Quarterly National Accounts 2019, no. 4 (March 18, 2020). http://dx.doi.org/10.1787/34c40048-en.

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33

"Gross domestic product, expenditure approach: Colombia." Quarterly National Accounts 2020, no. 3 (December 16, 2020). http://dx.doi.org/10.1787/a90e4ab8-en.

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34

"Gross domestic product, expenditure approach: Latvia." Quarterly National Accounts 2019, no. 4 (March 18, 2020). http://dx.doi.org/10.1787/c161ed46-en.

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35

"Gross domestic product, expenditure approach: Estonia." Quarterly National Accounts 2020, no. 3 (December 16, 2020). http://dx.doi.org/10.1787/39b9936b-en.

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36

"Gross domestic product, volume, 2015=100." Main Economic Indicators 2020, no. 11 (November 10, 2020). http://dx.doi.org/10.1787/39f7b599-en.

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37

"Gross domestic product, volume, 2015=100." Main Economic Indicators 2020, no. 5 (May 14, 2020). http://dx.doi.org/10.1787/3bb8b04c-en.

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38

"Gross domestic product, expenditure approach: Ireland." Quarterly National Accounts 2019, no. 4 (March 18, 2020). http://dx.doi.org/10.1787/3e61b030-en.

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39

"Gross domestic product, expenditure approach: Chile." Quarterly National Accounts 2020, no. 3 (December 16, 2020). http://dx.doi.org/10.1787/5bfe4ca5-en.

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40

"Gross domestic product, expenditure approach: Italy." Quarterly National Accounts 2020, no. 3 (December 16, 2020). http://dx.doi.org/10.1787/6b8a3224-en.

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41

"Gross domestic product, expenditure approach: Germany." Quarterly National Accounts 2020, no. 3 (December 16, 2020). http://dx.doi.org/10.1787/6d699087-en.

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42

"Gross domestic product, expenditure approach: Austria." Quarterly National Accounts 2020, no. 3 (December 16, 2020). http://dx.doi.org/10.1787/6d8aa9c3-en.

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43

"Gross domestic product, expenditure approach: G7." Quarterly National Accounts 2020, no. 3 (December 16, 2020). http://dx.doi.org/10.1787/2791c505-en.

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44

"Gross domestic product, expenditure approach: Canada." Quarterly National Accounts 2019, no. 4 (March 18, 2020). http://dx.doi.org/10.1787/28a6273e-en.

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45

"Gross domestic product, expenditure approach: Japan." Quarterly National Accounts 2020, no. 3 (December 16, 2020). http://dx.doi.org/10.1787/2923c82d-en.

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46

"Gross domestic product, expenditure approach: Korea." Quarterly National Accounts 2020, no. 3 (December 16, 2020). http://dx.doi.org/10.1787/2e89cd6a-en.

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47

"Gross domestic product, expenditure approach: G20." Quarterly National Accounts 2020, no. 3 (December 16, 2020). http://dx.doi.org/10.1787/2ee04c33-en.

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48

"Gross domestic product, expenditure approach: Mexico." Quarterly National Accounts 2020, no. 3 (December 16, 2020). http://dx.doi.org/10.1787/2f9b5128-en.

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49

Konchitchki, Yaniv, and Panos N. Patatoukas. "Accounting Earnings and Gross Domestic Product." SSRN Electronic Journal, 2013. http://dx.doi.org/10.2139/ssrn.2276774.

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50

"Gross domestic product, expenditure approach: Italy." Quarterly National Accounts 2019, no. 4 (March 18, 2020). http://dx.doi.org/10.1787/f7dfa96b-en.

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