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State Employment Growth: The Impact of Taxes and Economic Development Agency Spending
Author(s) -
GOSS ERNEST PRESTON,
PHILLIPS JOSEPH M.
Publication year - 1994
Publication title -
growth and change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.657
H-Index - 55
eISSN - 1468-2257
pISSN - 0017-4815
DOI - 10.1111/j.1468-2257.1994.tb00145.x
Subject(s) - agency (philosophy) , economics , state (computer science) , control (management) , personal income , demographic economics , labour economics , economic growth , sociology , algorithm , computer science , social science , management
The results of this study confirm the expected positive relationship between economic development agency spending and employment growth among the states. Furthermore, it is concluded that past studies, by failing to control for state economic development agency spending in estimated regression equations, have underestimated the negative impact of personal taxes on employment growth.