Regression analysis results
| Variables | Coefficient | t-stat | p-val |
|---|---|---|---|
| Haryana | |||
| GST revenue | 7.795 | 2.406 | 0.043** |
| GST dummy | 96801.24 | 2.747 | 0.025** |
| C | 273988.6 | 5.689 | 0.000*** |
| Gujarat | |||
| GST revenue | 11.673 | 2.560 | 0.034** |
| GST dummy | 312526.02 | 3.882 | 0.005*** |
| C | 491904.0 | 3.612 | 0.007*** |
| Karnataka | |||
| GST revenue | 11.664 | 7.139 | 0.000*** |
| GST dummy | 248318.49 | 7.511 | 0.000*** |
| C | 393882.6 | 6.931 | 0.000*** |
| Maharashtra | |||
| GST revenue | 13.080 | 3.412 | 0.009*** |
| GST dummy | 267825.72 | 3.257 | 0.012** |
| C | 779112.8 | 3.322 | 0.011** |
| Punjab | |||
| GST revenue | 5.214 | 3.697 | 0.006*** |
| GST dummy | 101871.46 | 8.739 | 0.000*** |
| C | 229844.4 | 9.343 | 0.000*** |
| Variables | Coefficient | ||
|---|---|---|---|
| GST revenue | 7.795 | 2.406 | 0.043** |
| GST dummy | 96801.24 | 2.747 | 0.025** |
| C | 273988.6 | 5.689 | 0.000*** |
| GST revenue | 11.673 | 2.560 | 0.034** |
| GST dummy | 312526.02 | 3.882 | 0.005*** |
| C | 491904.0 | 3.612 | 0.007*** |
| GST revenue | 11.664 | 7.139 | 0.000*** |
| GST dummy | 248318.49 | 7.511 | 0.000*** |
| C | 393882.6 | 6.931 | 0.000*** |
| GST revenue | 13.080 | 3.412 | 0.009*** |
| GST dummy | 267825.72 | 3.257 | 0.012** |
| C | 779112.8 | 3.322 | 0.011** |
| GST revenue | 5.214 | 3.697 | 0.006*** |
| GST dummy | 101871.46 | 8.739 | 0.000*** |
| C | 229844.4 | 9.343 | 0.000*** |
Note(s): *** and ** indicates 1% and 5% significance level respectively
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