An Efficiency Analysis of Value Added Tax Collection of Area Revenue Offices in the Central Region Provinces
Article Sidebar
Main Article Content
Abstract
The objective of this research is to study the factors affecting the collection of value- added tax revenue and the efficiency of value-added tax revenue collection by provincial revenue offices in the central region of 22 provinces. The study uses data on geographic and economic conditions for the years 2010 to 2019, including value-added tax revenue from the Department of Revenue and provincial gross domestic product data from the National Economic and Social Development Board, totaling 220 observations. The data's stability is tested by Levin, Lin and Chu (LLC) method, and the data are analyzed using multiple regression models and estimated coefficients using the least squares method.
Findings showed that the study of factors affecting the value added tax collection found the following. The gross provincial product of the industrial sector and the service sector exhibited a direct correlation at the statistically significant level of reliability at 99 percent. The gross provincial product of the agricultural sector inversely correlated with value added tax income at the statistically significant level of reliability at 95 percent. It was also found that the effort index in value added tax collection of the central region provinces exhibited the mean of 3.98, greater than 1. This showed that the efficiency in the value added tax income was at a higher level than the criteria. The province with the highest efficiency in the value added tax collection was Pathum Thani province. The effort index in the value added tax collection was 6.90.
Article Details
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
ข้อมูลลิขสิทธิ์
References
Levin, A., Lin, C. F., & Chu, C. S. J. (2002). Unit root tests in panel data: asymptotic and finite
sample properties. Journal of econometrics, 108(1), 1-24.
Naknaowatim, Preeda. (1992). Microeconomics 1 EC 342 (7th ed.). Bangkok:
Ramkhamhaeng University Press. (in Thai).
Nhoohong, Wanwisa & Buranakunaporn, Suthep. (2016). A study of factors affecting
Thailand’s corporate income tax collection. Journal of Ramkhamhaeng Economics,
(2), pp. 53-60. (in Thai).
Nuntaphun, Antinan. (2015). The efficiency of value added tax collection of regional revenue
office 8. (Independent study of Economics). Chiang Mai University, Faculty of
Economics. (in Thai).
Office of the National Economic and Social Development Council. (10 December 2021) .
Gross regional and provincial product. Retrieved from
https://www.nesdc.go.th/main.php?filename=gross_regional. (in Thai).
Paengkariya, Surang. (2013). Efficiency in juristic person income tax collection in Thailand.
(Master thesis of Economics). Ramkhamhaeng University, Faculty of Economics. (in
Thai).
Petsimuen, Natthaporn. (2009). An efficiency analysis of tax collection by area revenue
office. ( Master thesis of Economics). Ramkhamhaeng University, Faculty of
Economics. (in Thai).
Piancastelli, M., & Thirlwall, A. P. (2020). The determinants of tax revenue and tax effort in
developed and developing countries: theory and new evidence 1996-2015. Nova
Economia, 30(3), 871-892.
Pongklang, Nonglak. (2014). A study of the relationship between the gross provincial product
and tax revenue collected by the regional revenue office 8. (Independent study of
Economics). Chiang Mai University, Faculty of Economics. (in Thai).
Revenue Department. (7 March 2021). Tax collection. Retrieved from
https://www.rd.go.th/310.html. (in Thai).
Tinnakorn Na Ayutthaya, Panom. (1989). Government Treasury Management Volume 2
macro 2 Government Treasury Management. Bangkok: Sin Siam Kan Phim Press. (in
Thai).
Tinnakorn Na Ayutthaya, Panom. (1989). Government Treasury Management Volume 3
micro 1 Government Treasury Management. Bangkok: Sin Siam Kan Phim Press. (in
Thai).
Tungvanichkapong, Varapun. (2008). A study of value-added tax collection effort of tax
collection unit, 5 region office during 2001-2005. Journal of NIDA Development
Journal, 48(1), pp. 1-25. (in Thai).
