Munich Personal RePEc Archive

A New Plan for Growing Indiana’s Income

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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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.

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