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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
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Important Factors in Interregional Search Plant Location
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Important Factors in Intraregional Search (Local) Plant Location
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Massachusetts Economic Indicators, part 1
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Massachusetts Economic Indicators, part 2
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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.
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Estimation Results Using Employment as the Dependent Variable
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Estimation Results Using Establishments as the Dependent Variable
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Descriptive Statistics
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