This study develops a simple model for analyzing excise tax setting in a competitive framework. Then, this study utilizes a dynamic space-time panel econometric model to explore cigarette and beer tax rate setting from U.S. states from 1960-2007. The empirical findings support the model...

LeSage and Pace (2009) consider the impact of omitted variables in the face of spatial dependence in the disturbance process of a linear regression relationship. Remarkably, they show that this can lead to a spatial regression model specification containing a spatial lag of the dependent and...

We examine the determinants of intra-U.S. population migration at the metropolitan area level (MSA), with an emphasis on the presence of policies that are consistent with economic freedom. We are the first to produce a multi-variate regression analysis of migration and economic freedom at the...