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http://www.frbsf.org/publications/economics/papers/2010/wp10-17bk.pdf [quote]This paper estimates the “jobs multiplier” of fiscal stimulus spending using the state-level allocations of federal stimulus funds from the American Recovery and Reinvestment Act (ARRA) of 2009. Because the level and timing of stimulus funds that a state receives
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[quote]Welcome to the forum, Mustang19. I'm not surprised to see that GDP/GNP is being used as the metric for economic growth in those papers. So I'd say that the biggest issue with their theses is that GDP and GNP in no way take into account broken windows . Basically, then, these papers miss the point entirely.[/quote] Maybe, or maybe economic
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http://econ.tulane.edu/RePEc/pdf/tul1107.pdf [quote]there is moderately strong evidence that a states political orientation has consistent and measurable e ects on economic growth; perhaps surprisingly, a more \conservative" political orientation is associated with lower rates of economic growth. [/quote] http://onlinelibrary.wiley.com/doi/10.1111