North West University, P/Bag X-2046, Mmabatho, 2735, South Africa
 Research Article   
								
																An Estimation of the Effect of Tax Revenue Collection on the Public Debt in South Africa 
																Author(s): Nkosinathi Emmanuel Monamodi* and Ireen Choga             
								
																
						 Public debt is the most important economic indicator in such a way that if it is unsustainable, higher interest 
  costs could detriment significant public investments that ensure economic growth. Most of developing economies 
  including South Africa are known to be having unsustainable public debt levels coupled with poor economic 
  growth. Irrespective of governments’ measures to service the public debt, like selling enough bonds, taxpayers end 
  up carrying the debt. Hence, the main objective of this paper is to estimate an empirical effect of tax revenue 
  collection on public debt in South Africa. Public debt is treated as the dependent variable and tax revenue collection 
  as the main independent variable in addition to secondary independent variables such as foreign direct investment, 
  political instability and corruption. This paper uses econometric techniq.. View more»