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Tax Incentive Requests and Offers in a State Economic Development Program

Author

Listed:
  • Gabe, Todd M.

    (The Ohio State University)

  • Kraybill, David S.

    (The Ohio State University)

Abstract

This paper analyzes expansion, relocation, and new business projects in Ohio between 1993 and 1995 to determine the characteristics that influence a project's probability of receiving a tax incentive from the state. Empirical results indicate that establishment size and age, high local wages, and high local air pollution levels decrease a project's probability of receiving tax assistance from the state government. The number of new jobs promised by the business establishment and the size of the county labor force increase a project's likelihood of receiving an incentive.

Suggested Citation

  • Gabe, Todd M. & Kraybill, David S., 1998. "Tax Incentive Requests and Offers in a State Economic Development Program," The Review of Regional Studies, Southern Regional Science Association, vol. 28(3), pages 1-14, Winter.
  • Handle: RePEc:rre:publsh:v:28:y:1998:i:3:p:1-14
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    References listed on IDEAS

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    Cited by:

    1. Robert T. Greenbaum & Jim Landers, 2009. "Why Are State Policy Makers Still Proponents of Enterprise Zones? What Explains Their Action in the Face of a Preponderance of the Research?," International Regional Science Review, , vol. 32(4), pages 466-479, October.
    2. Calcagno, Peter T. & Hefner, Frank L., 2007. "State Targeting of Business Investment: Does Targeting Increase Corporate Tax Revenue?," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 37(2), pages 1-13.
    3. Landers, Jim, 2006. "Why Don't Enterprise Zones Work? Estimates of the Extent that EZ Benefits are Capitalized into Property Values," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 36(1), pages 1-16.
    4. Todd M. Gabe, 2005. "Industry Agglomeration and Investment in Rural Businesses," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 27(1), pages 89-103.
    5. Yuxuan Pan & Tessa Conroy & Alexandra Tsvetkova & Matthew Kures, 2020. "Incentives and Firm Migration: An Interstate Comparison Approach," Economic Development Quarterly, , vol. 34(2), pages 140-153, May.
    6. Peter Calcagno & Frank Hefner, 2018. "Targeted Economic Incentives: An Analysis of State Fiscal Policy and Regulatory Conditions," The Review of Regional Studies, Southern Regional Science Association, vol. 48(1), pages 71-91, Spring.
    7. Dagney Faulk, 2001. "The Participation of Firms in Tax Incentive Programs," The Review of Regional Studies, Southern Regional Science Association, vol. 31(1), pages 39-50, Summer.
    8. Jeffrey P. Ballou, 2008. "Do Nonprofit And Government Nursing Homes Enter Unprofitable Markets?," Economic Inquiry, Western Economic Association International, vol. 46(2), pages 241-260, April.
    9. Muguku, Samuel & Bukenya, James O., 2005. "Examining Interdependence Between Location, Employment And Commuting Patterns In Alabama," 2005 Annual Meeting, February 5-9, 2005, Little Rock, Arkansas 35557, Southern Agricultural Economics Association.
    10. Faulk, Dagney, 2002. "Do State Economic Development Incentives Create Jobs? An Analysis of State Employment Tax Credits," National Tax Journal, National Tax Association;National Tax Journal, vol. 55(2), pages 263-280, June.
    11. Jungyul Sohn & Gerrit-Jan Knaap, 2005. "Does the Job Creation Tax Credit Program in Maryland Help Concentrate Employment Growth?," Economic Development Quarterly, , vol. 19(4), pages 313-326, November.

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