| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w21373 |
| 来源ID | Working Paper 21373 |
| Broadening State Capacity | |
| Traviss Cassidy; Mark Dincecco; Ugo Troiano | |
| 发表日期 | 2015-07-20 |
| 出版年 | 2015 |
| 语种 | 英语 |
| 摘要 | We provide new evidence about the fiscal and mobility consequences of the introduction of the income tax, a major investment in modern state capacity. Drawing on archival data, we introduce a novel panel database that spans all 50 U.S. states between 1900 and 2008. Our research design exploits the staggered introduction of the income tax across states, while accounting for the potentially selective timing of adoption. We find that tax broadening significantly increased total revenue and expenditure in the short run but not the long run, while revenue and expenditure per capita significantly increased on a permanent basis. To explain these results, we show that the introduction of the income tax led to significant outmigration to non-income-tax states, particularly by high earners. Our findings demonstrate that the introduction of the income tax allowed U.S. states to significantly increase their revenue-raising capacity on a per capita basis. Nonetheless, population mobility provided a partial check on the absolute size of state governments. |
| 主题 | Microeconomics ; Welfare and Collective Choice ; Public Economics ; Public Goods ; Subnational Fiscal Issues ; History ; Financial History ; Other History |
| URL | https://www.nber.org/papers/w21373 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/579046 |
| 推荐引用方式 GB/T 7714 | Traviss Cassidy,Mark Dincecco,Ugo Troiano. Broadening State Capacity. 2015. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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