Defense spending and regional growth: an examination of an export-base model and on econometric model
Finch, Brian G.
Solnick, Loren M.
Mehay, Stephen L.
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This thesis concerns the relationship between defense expenditures and the states' economic growth since 1975. The chief emphasis is on an analysis of both an export-base model and an econometric analysis of the relationship between defense spending and personal income. Also considered are the effects of manufacturing wage rates, state tax rates, population, and elements of state and federal expenditures on personal income.
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