Table 2 Description of variables... | Emerald Publishing

Table 2

Description of variables

Variables acronym	Definition	Variable expression	Theoretical expected sign
ITRRatio	Indirect Tax Revenue	The ratio of Indirect Tax Revenue to the State's NSDP
CONAGR	Contribution of the Agriculture sector	The ratio of the agricultural sector contribution to the states' NSDP	–
CONINDS	Contribution of the Industrial sector	The ratio of the industrial sector contribution to the states' NSDP	+
CONSERV	Contribution of the Service sector	The ratio of the service sector contribution to the states' NSDP	+
RDEVEXP	Ratio of Development expenditure	The ratio of development expenditure to the state's NSDP	+
CTDS	Central Transfer Dependence of States	The central transfer dependence of states on the TRR of states	–
GSTDum	Dummy of GST	Takes the 1 value when there is GST, otherwise 0	–

Variables acronym	Definition	Variable expression	Theoretical expected sign
ITRRatio	Indirect Tax Revenue	The ratio of Indirect Tax Revenue to the State's NSDP
CONAGR	Contribution of the Agriculture sector	The ratio of the agricultural sector contribution to the states' NSDP	–
CONINDS	Contribution of the Industrial sector	The ratio of the industrial sector contribution to the states' NSDP	+
CONSERV	Contribution of the Service sector	The ratio of the service sector contribution to the states' NSDP	+
RDEVEXP	Ratio of Development expenditure	The ratio of development expenditure to the state's NSDP	+
CTDS	Central Transfer Dependence of States	The central transfer dependence of states on the TRR of states	–
GSTDum	Dummy of GST	Takes the 1 value when there is GST, otherwise 0	–

Source(s): Author