1. Employment and Firm Growth in Massachusetts: Does Local Tax Policy Effect Economic Activity? William F. O’Brien, Jr. Wei Pang Lee Worcester State College Worcester, MA, USA

2. Important Factors in Interregional Search Plant Location

3. Important Factors in Intraregional Search (Local) Plant Location

4. Massachusetts Economic Indicators, part 1

5. Massachusetts Economic Indicators, part 2

6. Two Econometric Models –(1)E it = f(L it, T it, Aw it, V it, W it, Ed it, H it, Pd it ), –(2)F it = g(L it, T it, Aw it, V it, W it, Ed it, H it, Pd it ), –E it refers to the number of people employed in the i th city in the t th year, –F it refers to the number of commercial establishments in the i th city in the t th year, –L it refers to the labor force in the i th city in the t th year, –T it refers to the commercial property tax rate in the i th city in the t th year, –AW it refers to the average annual wage in the i th city in the t th year, in thousands, –V it refers to the assessed value of commercial property in the i th city in the t th year, in millions –W it refers to the number of welfare cases in the i th city in the t th year, –Ed it refers to the education expenditure in the i th city in the t th year, in millions, –H it refers to the highway expenditure in the i th city in the t th year, in millions, –Pd it refers to the population density in the i th city in the t th year.

7. Estimation Results Using Employment as the Dependent Variable

8. Estimation Results Using Establishments as the Dependent Variable

9. Descriptive Statistics