Tax Policy and State Economic Growth: The Long-Run and Short-Run of It
Posted: 18 Sep 2013
Date Written: September 16, 2011
Abstract
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.
Keywords: Tax Regional, growth, PMG
JEL Classification: E62, H71, R11
Suggested Citation: Suggested Citation
Yamarik, Steven and Ojede, Andrew, Tax Policy and State Economic Growth: The Long-Run and Short-Run of It (September 16, 2011). Economics Letters, Vol. 116, No. 2, 2012, Available at SSRN: https://ssrn.com/abstract=2326594
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