Tax policy and state economic growth: The long-run and short-run of it
Andrew Ojede () and
Steven Yamarik ()
Economics Letters, 2012, vol. 116, issue 2, 161-165
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 (search for similar items in EconPapers)
JEL-codes: E62 H71 R11 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:116:y:2012:i:2:p:161-165
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