Economic Research Center
The Economic Research Center (ERC) at The Buckeye Institute provides reliable economic research, data analysis, and econometric modeling at the state level.
Costs come with any public policy. To understand how even small policy changes affect state budgets, citizens’ pocketbooks, and individual behavior, the ERC provides state think tanks, legislatures, and governors detailed reports, models, and econometric simulations on:
- energy policies;
- government spending programs;
- health care;
- labor market mandates; and
- various levels of taxation.
Many states, including Ohio, have neither the staff nor resources to perform such thorough assessments on the costs imposed by major public policy issues. Through the ERC, The Buckeye Institute serves and meets this critical nationwide need.
Bethany Marcum, Chief Executive Officer, Alaska Policy Forum
“When our state was undertaking some very tough discussions and decisions about new taxes, APF chose the Economic Research Center at The Buckeye Institute to study the data. It was important to us that a thorough and methodical analysis be conducted of potential tax proposals which were circulating. We can’t expect policymakers to make the right choices without a full picture of the impacts. The resulting product was a remarkable study, Unsustainable Spending: The State of Alaska’s Budget and Economy. The valuable information in this report was used by policymakers in the executive and legislative branches as they grappled with these issues. Good policy depends on solid data, such as that provided by the Economic Research Center.”
John Hendrickson, Policy Director, Tax Education Foundation of Iowa
“The Buckeye Institute’s Economic Research Center produced A Better Path Forward for Iowa Tax Reform, which modeled four tax reform scenarios. This study was instrumental in helping drive the tax reform agenda in Iowa. During the 2020 legislative session Governor Kim Reynolds made tax reform a priority. The scenarios in A Better Path Forward resembled the governor’s proposal. In fact, the study was read by the governor’s tax advisor and it was shared with numerous legislators. The report also allowed us to contribute to the tax reform debate through a series of op-eds and media appearances across Iowa. We could not have done this without the expertise of Buckeye’s Economic Research Center.”