IDEAS home Printed from https://ideas.repec.org/a/lje/journl/v14y2009i2p135-152.html
   My bibliography  Save this article

Income Tax Revenue as an Indicator of Regional Development in Pakistan

Author

Listed:
  • Ijaz Hussain

    () (Department of Economics, School of Social Sciences, Beaconhouse National University, Lahore.)

  • Sumbal Rana

    () (Department of Economics, School of Social Sciences, Beaconhouse National University, Lahore.)

Abstract

The objective of this paper is to highlight the use of income tax revenue as an indicator of regional development in Pakistan. Initially, we identify a dramatic shift in income tax revenue trends at the provincial level for the period 1992/93 to 2005/06. We develop a simple model of income tax revenue and estimate the relationship between growth of income tax revenue and gross regional product (GRP). Based on the estimated relationship, Punjab appears to have been the fastest growing province during the 1990s, while Sindh shows the greatest level of dynamism in the current decade. This is attributed to high growth rates, especially in large-scale manufacturing during the period, which has a larger sectoral share in Sindh’s economy.

Suggested Citation

  • Ijaz Hussain & Sumbal Rana, 2009. "Income Tax Revenue as an Indicator of Regional Development in Pakistan," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 14(2), pages 135-152, Jul-Dec.
  • Handle: RePEc:lje:journl:v:14:y:2009:i:2:p:135-152
    as

    Download full text from publisher

    File URL: http://121.52.153.179/JOURNAL/Vol14-2/6%20Ijaz_Hussain_EDITED%20%28TTC%29.pdf
    Download Restriction: no

    More about this item

    Keywords

    Income tax; development; revenue.;

    JEL classification:

    • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

    Statistics

    Access and download statistics

    Corrections

    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:lje:journl:v:14:y:2009:i:2:p:135-152. 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: (Shahid Salahuddin) or (Mikhail Salazkin). General contact details of provider: http://edirc.repec.org/data/lsecopk.html .

    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.