Incidence and Substitution in Enterprise Zone Programs: The Case of Colorado
AbstractAmong 53,334 urban Colorado establishments, geographic information systems (GIS) techniques identify those that are and are not in enterprise zones (EZs). EZs have no effect on payroll per worker. Therefore, subsidy incidence is not on labor. Urban EZs do not increase employment per establishment, implying that subsidies induce net substitution effects for capital that counteract scale effects on labor. Rural EZs increase employment in the smallest of 13,278 establishments, implying that capital is less substitutable for labor with rural production functions and subsidy mixes. Employment effects differ across EZs. Equilibrium incidence of subsidies is probably on immobile factors such as commercial real estate.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by in its journal Public Finance Review.
Volume (Year): 39 (2011)
Issue (Month): 2 (March)
Contact details of provider:
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Mayneris, F. & Py, L., 2014.
"The efficiency of enterprise zone programs: some conflicting results?,"
474, Banque de France.
- Florian MAYNERIS & Loriane PY, 2013. "The efficiency of enterprise zone programs Some conflicting results?," Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) 2013025, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
- Monica Andini & Guido de Blasio, 2013. "Local development that money can’t buy: Italy’s Contratti di Programma," Temi di discussione (Economic working papers) 915, Bank of Italy, Economic Research and International Relations Area.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (SAGE Publications).
If references are entirely missing, you can add them using this form.