Investment Strategy and State and Local Economic Policy


During the 1990s, states will be competing with one another to obtain their share of economic growth. This book represents a compilation of chapters which discuss the theoretical and practical linkage between investment strategy and state economic policy. Specifically, it shows that states that decrease their tax burden relative to other states will encourage new business formations and enjoy above average rates of economic growth. Investors who own debt issued by such states, stock of companies primarily located in such states or real estate located in such states will also benefit.

Additional information

Includes content by:
  • Robert I. Webb
  • Victor A. Canto
  • John E. Silvia
  • Arthur B. Laffer
  • Christopher S. Hammond
Publisher: Place of publication:
  • Westport, CT
Publication year:
  • 1992


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