Tatom, John (2006): A New Plan for Growing Indiana’s Income. Published in: Research Buzz , Vol. 2, No. 7 (31 July 2006): pp. 1-2.
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Abstract
The Indiana Economic Development Corporation (IEDC) released a new economic development plan, Accelerating Growth, on April 25, 2006, which has as its primary aim or “vision” to boost the state’s personal income per capita to the national average by 2020. To accomplish this, the IEDC outlines numerous steps to improve capital formation, largely by various and sundry traditional spending and tax incentives, as well as a few more novel programs that take the government into new areas of intervention in economic activity. The focus here is on clarifying the importance and achievability of the plan’s goal rather than the specifics of how it might be attempted.
Item Type: | MPRA Paper |
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Original Title: | A New Plan for Growing Indiana’s Income |
Language: | English |
Keywords: | Growth and income objectives |
Subjects: | O - Economic Development, Innovation, Technological Change, and Growth > O2 - Development Planning and Policy > O20 - General O - Economic Development, Innovation, Technological Change, and Growth > O2 - Development Planning and Policy > O21 - Planning Models ; Planning Policy |
Item ID: | 17827 |
Depositing User: | John Tatom |
Date Deposited: | 13 Oct 2009 04:26 |
Last Modified: | 26 Sep 2019 20:47 |
References: | Barro, Robert J. and Xavier Sala-i-Martin, "Convergence across States and Regions," Brookings Papers on Economic Activity, I:1991, pp. 107-82. Barro, Robert J. and Xavier Sala-i-Martin, "Convergence," Journal of Political Economy, vol. 100, No. 2, (April,1992), pp. 223-51. Bernat, G. Andrew, Jr., "Convergence in State Per Capita Personal Income, 1950-99, Survey of Current Business, (June 2001), pp. 36-48. Evans, Paul, "How Fast Do Economies Converge?" Review of Economics and Statistics, (May, 1997), pp. 219-25. Hall, Robert and Charles I. Jones, “Why Do Some Countries Produce So Much More Output per Worker than Others?” The Quarterly Journal of Economics, (February, 1999), pp. 83-116. Indiana Economic development Corporation, Accelerating Growth, Indiana’s Strategic Economic Development Plan, April 2006. Mankiw, N. Gregory, David Romer and David N. Weil, "A Contribution to the Empirics of Economic Growth," The Quarterly Journal of Economics (May, 1992): pp.408-37. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/17827 |