Reply to Brewer, Conway, and Rork (2021)

IF 0.5 Q4 ECONOMICS
W. Reed
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引用次数: 0

Abstract

Conway, Brewer, and Rork (CBR) have done a thorough reproduction and replication of Reed. Their analysis extending the time period that I used, while applying the same empirical procedures, convincingly demonstrates that the estimated effect of taxes on state-level economic growth has declined in recent years. In this reply, I reflect on the capacity of the regression procedures used by CBR, Reed, and others to identify causal effects of taxes on economic growth at the state level. I identify challenges to causal inference that make it difficult to translate these findings to advise for policy makers.
回复Brewer、Conway和Rork(2021)
Conway、Brewer和Rork(CBR)对Reed进行了彻底的复制。他们的分析延长了我使用的时间段,同时应用了同样的实证程序,令人信服地表明,近年来税收对州级经济增长的估计影响有所下降。在这份答复中,我反思了CBR、Reed和其他人使用的回归程序的能力,以确定税收对州一级经济增长的因果影响。我发现了因果推断的挑战,这些挑战使得很难将这些发现转化为政策制定者的建议。
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来源期刊
CiteScore
1.30
自引率
0.00%
发文量
30
期刊介绍: Public Finance Review is a professional forum devoted to US policy-oriented economic research and theory, which focuses on a variety of allocation, distribution and stabilization functions within the public-sector economy. Economists, policy makers, political scientists, and researchers all rely on Public Finance Review, to bring them the most up-to-date information on the ever changing US public finance system, and to help them put policies and research into action. Public Finance Review not only presents rigorous empirical and theoretical papers on public economic policies, but also examines and critiques their impact and consequences. The journal analyzes the nature and function of evolving US governmental fiscal policies at the national, state and local levels.
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