Research Article

Governance: A Source to Increase Tax Revenue in Pakistan

Table 1

Variable and data sources.

Variable representationVariable constructionVariable namesData sourceSample period

lnTAXREVtln (tax revenue/ GDP)Tax revenue as a share of GDP[2]1976–2019
lnCPItln (CPI)Consumer price index[10]1976–2019
lnINDVAtln (INDVA/ GDP)Industrial value-added as share of GDP[10]1976–2019
GSTABtIndex of government stabilityGovernment stability[9]1976–2019
LOAtIndex of law and orderLaw and order[9]1976–2019
ICONFtIndex of internal conflictInternal conflict[9]1976–2019
ECONFtIndex of external conflictExternal conflict[9]1976–2019