New England Economic Review

New England Economic Review is a magazine specializing in Economic topics.

Articles from March-April

Discussion
The primary issue Peter Fisher and Alan Peters address in their paper is the accurate measurement of the value of state and local economic development incentives. While the literature already includes hypothetical firm simulations of after-tax rates...
Discussion
Early in their paper, Peter Fisher and Alan Peters quote the widely cited explanation offered by Newman and Sullivan (1988) as to why more recent empirical studies of the effects of state and local tax differentials on the location of economic activity...
Discussion
As economists, we all "know" that higher wage costs lead to lower employment at the firm level, as demonstrated in the recent controversy over the minimum wage and its employment effects. Some of us also think we "know" that higher wage costs lead to...
Discussion
At the outset of my comments on Robert Tannenwald's paper, State Regulatory Policy and Economic Development," I should note that it takes a great deal of work to prepare any literature review, especially one as comprehensive as this one. The pages of...
Discussion
As a part of my comments on the papers by Ronald Fisher and Michael Wasylenko, I should like first to review the facility location process, highlighting the effects of taxation. I will then comment on the effects of public services on economic development....
Discussion
It is with great pleasure that I comment on these two survey pieces. While numerous surveys have been made of the literatures covered by Michael Wasylenko and Ronald Fisher, a sense of confusion and uneasiness remains about what we are to conclude from...
Discussion
The papers by Michael Wasylenko and Ronald Fisher have as their principal aim three objectives: first, to review trends in the research examining the relationships between economic development and state and local tax policy (Wasylenko) and expenditure...
Discussion
Both Michael Wasylenko and Ronald Fisher provide good reviews of the research literature on how state and local fiscal systems affect economic development. My comments will highlight the main themes in their reviews and give my own perspective on these...
Discussion
Daphne Kenyon's paper provides a stimulating and thought-provoking review of the theoretical literature on interjurisdictional competition for economic development.(1) In the paper she clearly articulates several alternative definitions of interjurisdictional...
Discussion
In "Theories of Interjurisdictional Competition," Daphne Kenyon gives us a thorough, interesting survey of the interjurisdictional competition literature. The survey is a means to an end: a necessary step towards identifying what the theoretical and...
Policy Implications: A Panel Discussion
Moderator Patricia M. Flynn Dean of the Graduate School of Business and Professor of Economics, Bentley College This panel will discuss the policy implications of the evidence that was evaluated during the first four sessions. Some of the questions...