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Economic Growth, Productivity, and Public Education Funding: Is South Carolina a Death Spiral State?
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Direct linkDriscoll, Lisa G.; Knoeppel, Robert C.; Della Sala, Matthew R.; Watson, Jim R. – Educational Considerations, 2014
As a result of the Great Recession of 2007-2009, most states experienced declines in employment, consumer spending, and economic productivity (Alm, Buschman, and Sjoquist 2011). In turn, these events led to historic declines in state tax revenues (Mikesell and Mullins 2010; Boyd and Dadayan 2009), resulting in major cuts in public spending. Local…
Descriptors: Productivity, Public Education, Economic Change, Economic Development
