Showing 1 - 10 of 41
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/10013076051
Using data on 48 contiguous U.S. states and a spatial econometric approach, this paper examines short- and long-run effects of productive higher education and highway infrastructure spending financed by different revenue sources on state economic growth. Following the Lagrange Multiplier, Wald,...
Persistent link: https://www.econbiz.de/10012912930
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
Persistent link: https://www.econbiz.de/10011885565
convergence in state-level growth rates is found. Second, the rate of convergence and capital share are inversely related …. Moreover, numerical computations show that the estimated values for the convergence rate and capital share are consistent with … fortes preuves en faveur de la convergence des taux de croissance sur le plan des etats. Dans un deuxieme temps, le taux de …
Persistent link: https://www.econbiz.de/10005638424
We study an overlapping generations model of human capital accumulation with threshold effects using regional data for West Germany. Our basic goal is to shed light on what makes German regions grow. The paper finds that the relative income distribution appears to be stratifying into a trimodal...
Persistent link: https://www.econbiz.de/10011409398
. First, strong evidence of convergence in state-level growth rates is found. Second, the rate of convergence and capital … share are inversely related. Moreover, numerical computations show that the estimated values for the convergence rate and …
Persistent link: https://www.econbiz.de/10013076047
In this paper, we set out to quantify the magnitude of the positive empirical relationship between schooling and regional growth. We apply the growth empirics method of Mankiw et al. (Q. J. Econ. 107:407–438, 1992) to a panel of US states. We improve upon the existing regional growth...
Persistent link: https://www.econbiz.de/10013076050
We study an overlapping generations model of human capital accumulation with threshold effects using regional data for West Germany. Our basic goal is to shed light on what makes German regions grow. The paper finds that the relative income distribution appears to be stratifying into a trimodal...
Persistent link: https://www.econbiz.de/10013320558
We investigate the convergence process among EU regions between 1980-2002 taking into account the effects of spatial …
Persistent link: https://www.econbiz.de/10014063837