For Texas 'miracle,' cut the cost of doing business
- August 29, 2011
- A study by David Neumark, economics professor, is featured in Bloomberg and the San Francisco Chronicle August 26, 2011
Research shows that states keeping costs low for business have enjoyed better job growth during the past couple of decades. The low costs appear to be more important than other advantages often associated with higher spending, including infrastructure and an appealing quality of life. Those findings emerge in a recent paper by Jed Kolko and Marisol Cuellar Mejia of the Public Policy Institute of California, along with David Neumark of the University of California at Irvine. The researchers compared states by digging into almost a dozen indexes that rank business- climate attractiveness.
For further information, please visit http://www.businessweek.com/news/2011-08-25/for-texas-miracle-cut-the-co....