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Research_Proposal_EC_315

Research_Proposal_EC_315 - 'Part III Chapter 14 Term...

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227 'Part III, Chapter 14. Term Project Proposal APPENDIX A TO CHAPTER 14: Sample Term Project Proposal IS THE LAFFER CURVE LAUGHABLE? (Course Number EC_) A. Student Fall 2006 This is an actual student paper by A. Student. It was excellent but, by no means, perfect. I have edited it here and there. Some errors I have not corrected, but rather commented on, because the error and correction are more instructive. My comments are in bold type. (This is Not Page one)
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228 Part III, Chapter 14. Term Project Proposal IS THE LAFFER CURVE LAUGHABLE? BACKGROUND Some economists believe that tax cuts can actually lead to higher revenue for the government. This comes from the supply side economic viewpoint that tax cuts give incentives for people to consume and produce more (Mankiw, 1997). The purpose of this project is to determine the effect of consumption (~ONSUME) on Federal tax and non-tax receipts (TAX) while holding constant GOP, the labor force participation rate (LFPR), and population (POP). This study uses a time-series analysis with 30 annual observations from 1975 to 2005.
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