Using state-level data from 1970 to 1999 and a five-year interval approach, Reed provides robust evidence that taxes have a negative effect on state economic growth. Subsequent work by Gale, Krupkin, and Rueben uses more recent data, ending with the five-year period around the Great Recession, and provides evidence that the relationship is not stable. We take a systematic approach to replicating and then updating Reed to include the most recent data possible to see whether the relationship is sensitive to the time period considered. Our analyses corroborate Reed’s findings of a consistently negative and often statistically significant effect of taxes on state economic growth but also suggest that the long-run effects no longer exist in more current years.

里德使用 1970 年至 1999 年的州级数据和五年间隔方法，提供了强有力的证据，证明税收对州经济增长有负面影响。Gale、Krupkin 和 Rueben 的后续工作使用了最近的数据，以大衰退前后的五年时间结束，并提供了这种关系不稳定的证据。我们采用系统的方法来复制和更新 Reed 以包含可能的最新数据，以查看该关系是否对所考虑的时间段敏感。我们的分析证实了里德关于税收对州经济增长的持续负面且通常具有统计学意义的影响的发现，但也表明长期影响在更多的年份不再存在。