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The outlook for the metropolitan area

Author

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  • Dick Netzer

Abstract

The author assesses the region's future and identifies policies that might improve the local outlook. He acknowledges that substantial cuts in the local tax burden could increase growth but doubts whether local governments could afford such widespread reductions. Instead, he argues, it would be more beneficial for authorities to seek ways to lower the cost of doing business in the region, possibly by reducing taxes levied on intermediate goods and services purchased by businesses.

Suggested Citation

  • Dick Netzer, 1997. "The outlook for the metropolitan area," Economic Policy Review, Federal Reserve Bank of New York, vol. 3(Feb), pages 93-111.
    • Handle: RePEc:fip:fednep:y:1997:i:feb:p:93-111:n:v.3no.1
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    References listed on IDEAS

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    1. Rotemberg, Julio J. & Saloner, Garth, 2000. "Competition and human capital accumulation: a theory of interregional specialization and trade," Regional Science and Urban Economics, Elsevier, vol. 30(4), pages 373-404, July.
    2. Robert H. Topel & Michael P. Ward, 1992. "Job Mobility and the Careers of Young Men," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 107(2), pages 439-479.
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