... relative per capita personal income (RPCPI) is negativeand significant, which means that the higher the initial level of income per capita the lower the rate of economic growth. The significance of ... Upjohn Institute.Benson, B. L., and Johnson, R.N. (1986) “The Lagged Impact ofState and Local Taxes on Economic Activity and PoliticalBehavior.” Economic Inquiry 24 (3): 389–401. Bernard, A. ... level of income per capita. Differences in growth ratesmay be due to the differences in initial levels of income per capita. Aregression analysis of the relationship between taxes and economic growth...