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Is “START-UP NY” Starting Up NY?: A Post-Keynesian Case Study Analysis

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  • Lynn B. Jean-Snarr

    (Westminster College, Salt Lake City, USA)

  • Hal Snarr

    (Westminster College, Salt Lake City, USA)

  • Daniel L. Friesner

    (North Dakota State University, Fargo, USA)

Abstract

This article describes how “START-UP NY” is a state-funded economic development program that encourages businesses to locate to several of its college campuses in exchange for a 0% tax rate for business and their employees. While the program has received much coverage in the popular press, it has not been thoroughly assessed in the academic literature. Using a simple post-Keynesian analysis, this article illustrates the fundamental flaws in the START-UP NY program. In doing so, this analysis demonstrates why the program was, and is, ineffective in generating job growth.

Suggested Citation

  • Lynn B. Jean-Snarr & Hal Snarr & Daniel L. Friesner, 2017. "Is “START-UP NY” Starting Up NY?: A Post-Keynesian Case Study Analysis," International Journal of Sustainable Entrepreneurship and Corporate Social Responsibility (IJSECSR), IGI Global, vol. 2(1), pages 1-12, January.
    • Handle: RePEc:igg:jsecsr:v:2:y:2017:i:1:p:1-12
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