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In this article, we investigate the long-run relationships among disasters, capital accumulation, total factor productivity, and economic growth. The cross-country empirical analysis demonstrates that higher frequencies of climatic disasters are correlated with higher rates of human capital...
Persistent link: https://www.econbiz.de/10005746603
"We use monthly gasoline price data for all 50 U.S. states over the period 1984-1999 to examine the incidence of state gasoline excise taxes. Our estimation results indicate full shifting of gasoline taxes to the final consumer. In addition, although we find that gasoline retail prices...
Persistent link: https://www.econbiz.de/10005202367
"This study investigates U.S. state economic growth from 1970 to 1999. I innovate on previous studies by developing a new approach for addressing "model uncertainty" issues associated with estimating growth equations. My approach borrows from the "extreme bounds analysis" approach of Leamer...
Persistent link: https://www.econbiz.de/10008537155