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- Title
AGGLOMERATION TAXES IN THE INDIAN STATES DUE TO WIDER ECONOMIC BENEFITS: AN EMPIRICAL ASSESSMENT.
- Authors
BHUTANI, SALONI; MISHRA, ALOK KUMAR
- Abstract
This paper carries out an empirical study to examine the contribution of urban areas in generating tax revenue and growth at 28 Indian state levels. The study is based on the hypothesis that the productivity and agglomeration externality effects present in cities, known as "wider economic benefits", lead to enhanced tax bases of State Governments. The cross-sectional estimation has confirmed that urbanization and state gross domestic product per capita significantly contribute to the tax bases of State Governments, such as sales tax, stamps, registration duty and motor vehicle tax. These three agglomeration taxes (including goods and services tax) are recommended for sharing with urban local bodies.
- Subjects
ECONOMIES of agglomeration; STATE taxation; TAX base; VALUE-added tax; INTERNAL revenue; GROSS domestic product; STAMP duties; PRODUCTIVITY accounting
- Publication
Singapore Economic Review, 2024, Vol 69, Issue 1, p667
- ISSN
0217-5908
- Publication type
Article
- DOI
10.1142/S0217590821410113