This paper examines the effects of local taxes and government spending on new business startups in 8,576 Maine city-industries between 1993 and 1994. Empirical findings indicate that local property tax rates have a negative effect on the number of startups, whereas spending on education and total local government spending on public services have a positive effect on new business activity.
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Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2001 Annual meeting, August 5-8, Chicago, IL with number
20769.
Length: Date of creation: 2001 Date of revision: Handle: RePEc:ags:aaea01:20769
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