A New Plan for Growing Indiana’s Income

John Tatom

MPRA Paper from University Library of Munich, Germany

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.

Keywords: Growth; and; income; objectives (search for similar items in EconPapers)
JEL-codes: O20 O21 (search for similar items in EconPapers)
Date: 2006-07-31
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Published in Research Buzz 7.2(2006): pp. 1-2

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:17827

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