Simulating the effects of Michigan's MEGA tax credit program on job creation and fiscal benefits

Arbeitspapier

This paper simulates job and fiscal impacts of Michigan's MEGA tax credit program for job creation. Under plausible assumptions about how such credits affect business location decisions, the net costs per job created of the MEGA program are simulated to be of modest size. The job creation impacts of MEGA are simulated to be considerably larger than devoting similar dollar resources to general business tax cuts. The simulation methodology developed here is applicable to incentives in other states.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Upjohn Institute Working Paper ; No. 12-185

Classification and Topics

• Classification: Wirtschaft ; Regional Economic Activity: Growth, Development, Environmental Issues, and Changes ; Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics ; Urban, Rural, Regional, Real Estate, and Transportation Economics: Government Policy ; Real Estate Markets, Spatial Production Analysis, and Firm Location: General ; Regional Development Planning and Policy ; State and Local Government; Intergovernmental Relations: General
• Subject: state and local economic development policy ; tax incentives ; fiscal impact analysis ; labor market benefits ; regional multipliers

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Bartik, Timothy J. ; Erickcek, George A.
• Event: Veröffentlichung
• (who): W.E. Upjohn Institute for Employment Research
• (where): Kalamazoo, MI
• (when): 2012

Further information

• DOI: doi:10.17848/wp12-185
• Handle: http://hdl.handle.net/10419/64334
• Last update: 10.03.2025, 11:44 AM CET