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The Case Against Targeting Might Have Been More...Targeted

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  • Jeffrey A. Finkle

    (Council for Urban Economic Development)

Abstract

This article reviews Terry Buss’s analysis of economic development targeting. Targeting is an effort by economic developers to focus investment on industries, facilities, and companies based on the assumption that the chosen targets are likely to yield the greatest return in public benefit. It covers many issues such as the quality of data used for targeting, whether targeting is antimarket, and the relationship between targeting and incentive use. The article notes that, although Buss makes some valid arguments, many of his conclusions are not well founded. It critiques many of Buss’s arguments and demonstrates why targeting remains a valid practice for economic development professionals.

Suggested Citation

  • Jeffrey A. Finkle, 1999. "The Case Against Targeting Might Have Been More...Targeted," Economic Development Quarterly, , vol. 13(4), pages 361-364, November.
  • Handle: RePEc:sae:ecdequ:v:13:y:1999:i:4:p:361-364
    DOI: 10.1177/089124249901300408
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    Cited by:

    1. 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.
    2. Jeremy L. Hall, 2010. "The Distribution of Federal Economic Development Grant Funds: A Consideration of Need and the Urban/Rural Divide," Economic Development Quarterly, , vol. 24(4), pages 311-324, November.
    3. 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.
    4. Lo Turco, Alessia & Maggioni, Daniela, 2022. "The knowledge and skill content of production complexity," Research Policy, Elsevier, vol. 51(8).
    5. Elsie Harper-Anderson, 2008. "Measuring the Connection Between Workforce Development and Economic Development," Economic Development Quarterly, , vol. 22(2), pages 119-135, May.
    6. Terry F. Buss, 1999. "To Target or Not to Target, That’s the Question: A Response to Wiewel and Finkle," Economic Development Quarterly, , vol. 13(4), pages 365-370, November.
    7. Peter T. Calcagno & Henry Thompson, 2004. "State Economic Incentives: Stimulus or Reallocation?," Public Finance Review, , vol. 32(6), pages 651-665, November.

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