Srithongrung, Arwiphawee; Kriz, Kenneth A. - In: Journal of Policy Analysis and Management 33 (2014) 4, pp. 912-928
Much previous research has analyzed the effect of state and local taxes and expenditures on economic growth, but usually in a static manner. In this paper, we use panel vector autoregression (PVAR) to examine the effects of taxes and expenditures on state income growth. This methodology allows...
