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Employment impact of local economic development incentives: the case of Texas economic development corporations

Author

Listed:
  • Stephen M. Kosovich

    (Stephen F. Austin State University)

Abstract

Texas allows cities to create economic development corporations that are funded using local sales tax revenues. Over time, many cities have used these corporations to fund a broad range of economic development projects. This study examines whether these corporations can be linked to any change in employment and/or unemployment in the adopting cities. Using a panel of data for Texas cities, there is limited evidence for an association between corporation adoption and labor market conditions.

Suggested Citation

  • Stephen M. Kosovich, 2019. "Employment impact of local economic development incentives: the case of Texas economic development corporations," Economics Bulletin, AccessEcon, vol. 39(3), pages 1808-1816.
    • Handle: RePEc:ebl:ecbull:eb-18-00482
    as

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    File URL: http://www.accessecon.com/Pubs/EB/2019/Volume39/EB-19-V39-I3-P169.pdf
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    References listed on IDEAS

    as
    1. Tonya J. Hansen & Laura Kalambokidis, 2010. "How Are Businesses Responding to Minnesota’s Tax-Free Zone Program?," Economic Development Quarterly, , vol. 24(2), pages 180-192, May.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    economic development theory; unemployment; job creation; development incentives;
    All these keywords.

    JEL classification:

    • H7 - Public Economics - - State and Local Government; Intergovernmental Relations
    • R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics

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