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A New Plan for Growing Indiana’s Income

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  • Tatom, John

Abstract

The Indiana Economic Development Corporation (IEDC) released a new economic development plan, Accelerating Growth, on April 25, 2006, which has as its primary aim or “vision” to boost the state’s personal income per capita to the national average by 2020. To accomplish this, the IEDC outlines numerous steps to improve capital formation, largely by various and sundry traditional spending and tax incentives, as well as a few more novel programs that take the government into new areas of intervention in economic activity. The focus here is on clarifying the importance and achievability of the plan’s goal rather than the specifics of how it might be attempted.

Suggested Citation

  • Tatom, John, 2006. "A New Plan for Growing Indiana’s Income," MPRA Paper 17827, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:17827
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    File URL: https://mpra.ub.uni-muenchen.de/17827/1/MPRA_paper_17827.pdf
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    References listed on IDEAS

    as
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    4. Robert J. Barro & Xavier Sala-i-Martin, 1991. "Convergence across States and Regions," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 22(1), pages 107-182.
    Full references (including those not matched with items on IDEAS)

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    Keywords

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    JEL classification:

    • O20 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - General
    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy

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