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  • 标题:Economic Growth and Tax and Expenditure Limitations
  • 本地全文:下载
  • 作者:Amiel, Lindsay N. ; Deller, Steven ; Stallman, Judith I.
  • 期刊名称:The Review of Regional Studies
  • 印刷版ISSN:0048-749X
  • 电子版ISSN:1553-0892
  • 出版年度:2012
  • 卷号:42
  • 期号:3
  • 页码:185-206
  • 出版社:Southern Regional Science Association
  • 摘要:Using a Barro-type empirical growth framework we explore the relationship between tax and expenditure limitations (TELs) and the economic growth of U.S. states. The model uses a panel of annual data for the 50 states from 1990 to 2010, with a variable parameter specification coupled with a dynamic Generalized Method of Moments (GMM) panel estimator. In general, more restrictive tax and expenditure limitations can influence the growth process; however, this relationship varies over levels of income and type of TEL.
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