Incentive Solutions

Arbeitspapier

This paper reviews the research literature relevant to economic development incentives provided by state and local governments, and recommends reforms in these incentives. I argue that the main problem with current incentive policies is that state and local governments often provide incentives that are not in the best interest of that state or local area, for example that are excessively costly per job created, or that provide jobs that do not improve the job opportunities of local residents. I suggest that reforms should be "bottom-up" rather than "top-down." Regulation of incentives by the federal government, or by international trade treaties, may prevent both desirable and undesirable incentives. "Bottom-up" reforms would include more information on incentive offers, a budget constraint on the volume of incentives, stronger standards for job quality, accessibility, and performance in incentives, and better benefit-cost analyses of incentives.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Upjohn Institute Working Paper ; No. 04-99

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Regional Development Planning and Policy ; Production Analysis and Firm Location: Government Policy ; State and Local Taxation, Subsidies, and Revenue
• Thema: economic ; development ; incentives ; local ; regional ; Bartik ; solutions

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Bartik, Timothy J.
• Ereignis: Veröffentlichung
• (wer): W.E. Upjohn Institute for Employment Research
• (wo): Kalamazoo, MI
• (wann): 2004

Weitere Informationen

• DOI: doi:10.17848/wp04-99
• Handle: http://hdl.handle.net/10419/172434
• Letzte Aktualisierung: 10.03.2025, 11:44 MEZ