Measuring the Distribution of Economic Development Tax Incentive Intensity
The targeting of economic development incentives at distressed locations or particular industries is typically justified based on equity and efficiency grounds. However, existing empirical studies fail to fully explain the distribution of incentives in a region or state because they do not account for variations in the distribution of population or industries. This article contributes to the literature on the targeting of incentives in several important ways, using the example of Ohio. The distribution of economic incentives is examined using the intensity of incentives, which allows for examination of whether incentives are targeted to distressed locations or industries. Intensity of incentives is measured as the value or number of incentives weighted by the number of employees and firms in each location or industry. We find that policies are missing the mark if they are indeed intended to target areas of distress or particular industries.
Volume (Year): 24 (2010)
Issue (Month): 2 (May)
|Contact details of provider:|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Laura A. Reese & Gary Sands, 2008. "Creative Class and Economic Prosperity: Old Nostrums, Better Packaging?," Economic Development Quarterly, , vol. 22(1), pages 3-7, February.
- Jeffrey M. Wooldridge, 2003. "Cluster-Sample Methods in Applied Econometrics," American Economic Review, American Economic Association, vol. 93(2), pages 133-138, May.
- Laura A. Reese, 1991. "Municipal Fiscal Health and Tax Abatement Policy," Economic Development Quarterly, , vol. 5(1), pages 23-32, February.
- Anderson, John E. & Wassmer, Robert W., 1995. "The decision to 'bid for business': Municipal behavior in granting property tax abatements," Regional Science and Urban Economics, Elsevier, vol. 25(6), pages 739-757, December.
- Laura A. Reese, 2006. "Not Just Another Determinants Piece: Path Dependency and Local Tax Abatements," Review of Policy Research, Policy Studies Organization, vol. 23(2), pages 491-504, 03.
- Pepper, John V., 2002. "Robust inferences from random clustered samples: an application using data from the panel study of income dynamics," Economics Letters, Elsevier, vol. 75(3), pages 341-345, May.
- Sammis B. White & John F. Zipp & William F. McMahon & Peter D. Reynolds & Jeffrey D. Osterman & Lisa S. Binkley, 1990. "ES202: The Data Base for Local Employment Analysis," Economic Development Quarterly, , vol. 4(3), pages 240-253, August.
- Harold Wolman & David Spitzley, 1996. "The Politics of Local Economic Development," Economic Development Quarterly, , vol. 10(2), pages 115-150, May.
- Alan H. Peters & Peter S. Fisher, 2002. "State Enterprise Zone Programs: Have They Worked?," Books from Upjohn Press, W.E. Upjohn Institute for Employment Research, number sezp, June.
- Richard E. Baldwin & Frédéric Robert-Nicoud, 2007.
"Entry and Asymmetric Lobbying: Why Governments Pick Losers,"
Journal of the European Economic Association,
MIT Press, vol. 5(5), pages 1064-1093, 09.
- Richard E. Baldwin & Frédéric Robert-Nicoud, 2007. "Entry and Asymmetric Lobbying: Why Governments Pick Losers," CEP Discussion Papers dp0791, Centre for Economic Performance, LSE.
- Richard E. Baldwin & Frédéric Robert-Nicoud, 2007. "Entry and asymmetric lobbying: why governments pick losers," LSE Research Online Documents on Economics 19726, London School of Economics and Political Science, LSE Library.
- Richard E. Baldwin & Frederic Robert-Nicoud, 2002. "Entry and Asymmetric Lobbying: Why Governments Pick Losers," NBER Working Papers 8756, National Bureau of Economic Research, Inc.
- John P. Pelissero & David Fasenfest, 1989. "A Typology of Suburban Economic Development Policy Orientations," Economic Development Quarterly, , vol. 3(4), pages 301-311, November.
- Robert Greenbaum & Daniele Bondonio, 2004. "Losing Focus: A Comparative Evaluation of Spatially Targeted Economic Revitalization Programmes in the US and the EU," Regional Studies, Taylor & Francis Journals, vol. 38(3), pages 319-334.
- Bondonio, Daniele & Greenbaum, Robert T., 2007. "Do local tax incentives affect economic growth? What mean impacts miss in the analysis of enterprise zone policies," Regional Science and Urban Economics, Elsevier, vol. 37(1), pages 121-136, January.
- Dafna Schwartz & Joseph Pelzman & Michael Keren, 2008. "The Ineffectiveness of Location Incentive Programs," Economic Development Quarterly, , vol. 22(2), pages 167-179, May.
- Timothy J. Bartik, 1991. "Who Benefits from State and Local Economic Development Policies?," Books from Upjohn Press, W.E. Upjohn Institute for Employment Research, number wbsle, June.
- Robert T. Greenbaum & John B. Engberg, 2004. "The impact of state enterprise zones on urban manufacturing establishments," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 23(2), pages 315-339.
- Anne O. Krueger, 1990. "Asymmetries in Policy Between Exportables and Import-Competing Goods," NBER Working Papers 2904, National Bureau of Economic Research, Inc.
- Peter S. Fisher & Alan H. Peters, 1998. "Industrial Incentives: Competition among American Cities and States," Books from Upjohn Press, W.E. Upjohn Institute for Employment Research, number ii, June.
When requesting a correction, please mention this item's handle: RePEc:sae:ecdequ:v:24:y:2010:i:2:p:154-168. See general information about how to correct material in RePEc.
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.