The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
From: Tax structure and economic growth: a study of selected Indian states
Variable | Deterministic trend | LLC | IPS | Order of integration |
---|---|---|---|---|
(a) Model 1 and model 2 | ||||
Per capita SDP | Constant | − 10.6203a | − 10.5259a | I (0) |
Gross investment | Constant | − 19.0118a | − 19.6703a | I (1) |
Property tax | Constant | − 2.74745a | − 3.30371a | I (0) |
Commodity tax | Constant | − 3.46285a | − 3.93331a | I (0) |
Total-GDP | − 14.6218a | − 13.8253a | I (1) | |
(b) Model 3 | ||||
Per Capita SDP | Constant | − 8.16398a | − 7.40650a | I (0) |
Gross investment | Constant | − 1.38211a | − 2.43668a | I (1) |
Property tax | Constant | − 11.5885a | − 12.6705a | I (1) |
Total-GDP | Constant | − 10.8237a | − 10.0785a | I (1) |