Tax policy and state economic growth: The long-run and short-run of it
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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- Helms, L Jay, 1985. "The Effect of State and Local Taxes on Economic Growth: A Time Series-Cross Section Approach," The Review of Economics and Statistics, MIT Press, vol. 67(4), pages 574-82, November.
- Steven Yamarik, 2013. "State-Level Capital And Investment: Updates And Implications," Contemporary Economic Policy, Western Economic Association International, vol. 31(1), pages 62-72, 01.
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