Economic Growth and Tax and Expenditure Limitations

被引:0
|
作者
Amiel, Lindsay N. [1 ]
Deller, Steven [1 ]
Stallmann, Judith I. [2 ]
机构
[1] Univ Wisconsin, Dept Agr & Appl Econ, Madison, WI 53706 USA
[2] Univ Missouri, Dept Agr & Appl Econ, Rural Sociol, Publ Affairs, Columbia, MO 65211 USA
关键词
tax and expenditure limits; economic growth; convergence;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
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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页码:185 / 206
页数:22
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