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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.
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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 …
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