IDEAS home Printed from
   My bibliography  Save this article

Panel Co-integration between Economic Growth and Non-tax revenue among Indian States


  • Alok Kumar Pandey

    (Centre for Integrated Rural Development, FSS, Banaras Hindu University, Varanasi)

  • Annapurna Dixit

    (Deptt. of Economics, Arya Mahila PG College, BHU, Varanasi)


Present study tries to explore the stationarity and co-integration between Non-tax revenue and State Domestic Product of twenty major states of Indian federal system under panel data structure. LLC (2002) and IPS (2003) tests of stationarity have been used to detect unit root in the panel series. Kao (1999) test of panel co-integration shows that the SDP and NTR and NTR and SDP for the twenty states for the period under study are co-integrated. The results of the study suggest that state domestic product of the states are causing the non-tax revenue of the states and the non-tax revenue of the states are also causing state domestic product of the states for Indian federal system.

Suggested Citation

  • Alok Kumar Pandey & Annapurna Dixit, 2017. "Panel Co-integration between Economic Growth and Non-tax revenue among Indian States," Econometrics Letters, Bilimsel Mektuplar Organizasyonu (Scientific letters), vol. 4(2), pages 17-33.
  • Handle: RePEc:bmo:bmoart:v:4:y:2017:i:2:p:17-33
    DOI: 10.5455/Elet.2017.4.2.2

    Download full text from publisher

    File URL:
    Download Restriction: no

    More about this item


    State Domestic Production; Non-tax Revenue; Panel Unit Root; Panel Co-integration.;

    JEL classification:

    • H2 - Public Economics - - Taxation, Subsidies, and Revenue
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bmo:bmoart:v:4:y:2017:i:2:p:17-33. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Tolga Omay). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.