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This paper uses a pooled mean group (PMG) estimator to evaluate the effects of tax policy on state-level growth. We find that property and sales tax rates have negative effects on long-run income growth, while income tax rates have no impact.
Persistent link: https://www.econbiz.de/10010597201
New knowledge generated by an economic agent in a region will tend over time to flow to other economic agents in the same region but also to economic agents in other regions. It is quite common in the literature to use the concept of knowledge spillovers for such knowledge flows, irrespective of...
Persistent link: https://www.econbiz.de/10011019082
and sufficient condition for convergence to consensus and characterize outcomes where the society ends up polarized. Our …
Persistent link: https://www.econbiz.de/10011025638
The paper investigate the effects of knowledge on economic growth at the regional level Methodology approach: We elaborate a view on knowledge as the result of a combinatorial search activity and implement indicators synthesizing the network architecture of knowledge structure Findings:...
Persistent link: https://www.econbiz.de/10010898708
This paper elaborates a view on knowledge as a result of a combinatorial search activity, so as to investigate its effects on economic growth at the regional level. Empirical estimations corroborate the hypothesis that knowledge coherence and variety, besides the traditional measure of knowledge...
Persistent link: https://www.econbiz.de/10010569153