State Economic and Government Finance Data

State economic and state government finance data, including data on the professionalization of state legislatures. This is an update to Klarner, Carl, 2013, "State Economic Data", http://hdl.handle.net/1902.1/20404, Harvard Dataverse, V1, published February 25, 2013, which contained the file State_Econ_Quarterly2012_09_06.xlsx. The title of this edition has been altered to better reflect the contents of the dataset. State economic variables include 1) personal income (annual 1929-2014, quarterly; 1948q1-2015q1), 2) disposable income (annual 1948-2014), 3) gross state product (annual 1963-2014), 4) unemployment (annual 1960-2014, quarterly 1975q1-2015q3). Quarterly data for all the above variables was also imputed from annual data when not available. State government finance variables include total revenue, total revenue minus federal intergovernmental transfers, general revenue, multiple tax categories, total expenditure, general expenditure, budget surplus / deficit, debt at end of fiscal year, and spending on the state legislature. The following calculations were made for state government finance data: 1) deflated by consumer price index (both national and regional), and computed as per capita, 2) deflated by state income, 3) deflated by gross state product, 4) differenced from last fiscal year, and 5) computed as percent changes from last fiscal year.