This is Ask An Expert, where every weekday at 9:20am on KCBS we're giving you direct access to top experts in various fields.

We're analyzing the so-called "corporate exodus" out of California, and the economic impact on the state's future. While the Golden State boasts the 4th largest economy in the world, other states pry competition away with favorable regulations and tax rules.

To answer your questions and more, KCBS Radio anchor Margie Shafer spoke with David Neumark, distinguished Professor of Economics at UC Irvine. He's also a Visiting Fellow at the Hoover Institution.