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Social and Behavioral Sciences Commons™
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Full-Text Articles in Social and Behavioral Sciences
Can State And Local Revenue And Expenditure Enhance Economic Growth? A Cross-State Panel Study Of Fiscal Activity, Christopher Arthur Clarke
Can State And Local Revenue And Expenditure Enhance Economic Growth? A Cross-State Panel Study Of Fiscal Activity, Christopher Arthur Clarke
UNLV Theses, Dissertations, Professional Papers, and Capstones
The slow economic recovery since the 2008 financial crisis and Great Recession requires state and local governments to continue to make difficult decisions concerning which taxes to raise and which expenditures to decrease in order to maintain a balanced budget. As expenditures usually raise economic growth and taxes generally hinder it, seeking the optimum combination of tax structures and expenditure options is necessary to encourage prosperity in a state. In this paper I study the effects of various expenditures and revenue combinations on growth in state personal income from 1977-2010 for 49 states and the District of Columbia. I find …
On The Merits Of The Resource Curse Theory: Resource Rents And Corruption, David Paul Snyder
On The Merits Of The Resource Curse Theory: Resource Rents And Corruption, David Paul Snyder
UNLV Theses, Dissertations, Professional Papers, and Capstones
Since the breakup of the colonial empires following World War II, many newly independent states have embarked on a path of seeking political and economic development. Scholars studying this phenomenon soon became aware of an interesting puzzle. Why do the economies that have substantial natural resource endowments at their disposal tend to develop at a slower rate than economies that are less endowed with natural resources? From this question, the resource curse theory was derived. The resource curse theory has three main claims. The first claim is that resource rich economies grow at a slower rate than non-resource rich economies. …