Sales and Tax to Measure Economy?
A variety of measures are used in economics such as gross domestic product, gross national product and net national income. Gross domestic product is one of the best measures of economic performance because it is a good barometer of the economy’s ups and downs. This paper accentuates
the possibility of using sales and tax of public listed companies to measure the economy. The results suggest that there is a relationship between sales and GDP and no relationship between tax and GDP. Implications, limitations and suggestions for future research are discussed at the end of
the paper.
Keywords: GDP; Measure Economy; Sales; Tax
Document Type: Research Article
Affiliations: Azaman Hashim International Business School, University Technology Malaysia, Kuala Lumpur, Malaysia
Publication date: 01 December 2018
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