Research Article
Governance: A Source to Increase Tax Revenue in Pakistan
Table 6
Long-run coefficients for the selected ARDL model.
| | Dependent variable: lnTAXREVt | | Variable | Coefficients | Coefficients | Coefficients | Coefficients |
| | lnCPIt | 0.7078 [0.000] | 0.5240 [0.000] | 0.7579 [0.000] | 0.6711 [0.000] | | lnINDVAt | 0.2071 [0.000] | 0.3028 [0.000] | 0.1556 [0.000] | 0.1588 [0.008] | | GSTABt | 0.2124 [0.000] | — | — | — | | LOAt | — | 0.1028 [0.011] | — | — | | ICONFt | — | — | 0.3458 [0.005] | — | | ECONFt | — | — | — | 0.6481 [0.064] | | Intercept | −7.7088 [0.000] | −9.9523 [0.000] | −6.3427 [0.000] | −6.2662 [0.000] |
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The values within square brackets represent probability values.
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