Enterprise Zones and Local Employment: Evidence from the States’ Programs

Daniele BONDONIO; J. ENGBERG

Enterprise Zones and Local Employment: Evidence from the States’ Programs

Dipartimento di Giurisprudenza e Scienze Politiche, Economiche e Sociali

Risultato della ricerca: Contributo su rivista › Articolo in rivista

Abstract

Many states respond to deteriorating economic conditions in their inner cities and rural communities by establishing geographically targeted tax incentives. In this paper, we examine the impact of several of these Enterprise Zone (EZ) programs on local employment. The results show that the EZ programs do not have a significant impact on local employment. Program impact does not depend on the monetary amount of the incentives and or on specific features of program design. These conclusions are constant across two econometric approaches to controlling for the non-random placement of zones and stand up to a wide variety of sensitivity analyses. (C) 2000 Elsevier Science B.V. All rights reserved.

Lingua originale	Inglese
pagine (da-a)	519-549
Numero di pagine	31
Rivista	Regional Science and Urban Economics
Volume	30
Stato di pubblicazione	Pubblicato - 2000

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title = "Enterprise Zones and Local Employment: Evidence from the States{\textquoteright} Programs",

abstract = "Many states respond to deteriorating economic conditions in their inner cities and rural communities by establishing geographically targeted tax incentives. In this paper, we examine the impact of several of these Enterprise Zone (EZ) programs on local employment. The results show that the EZ programs do not have a significant impact on local employment. Program impact does not depend on the monetary amount of the incentives and or on specific features of program design. These conclusions are constant across two econometric approaches to controlling for the non-random placement of zones and stand up to a wide variety of sensitivity analyses. (C) 2000 Elsevier Science B.V. All rights reserved.",

author = "Daniele BONDONIO and J. ENGBERG",

note = "Funding Information: We would like to thank Robert Greenbaum for his contribution to this research. We are indebted to Peter Fisher and Alan Peters for providing access to their software package TAIM2 that we used to evaluate the monetary value of economic development incentives. The first author gratefully acknowledges financial and research support from the International Center for Economic Research, ICER, Turin, and the research assistance in managing and processing the data provided by Nadia Villa (ICER) and Ada Ferrero (ICER). This paper is a revised version of a paper by the first author presented at the 20th APPAM Annual Research Conference, New York, and circulated under the title {\textquoteleft}States{\textquoteright} Enterprise Zone Policies and Local Employment: What Lessons Can be Learned?{\textquoteright} ( Bondonio, 1998 ).",

year = "2000",

language = "English",

volume = "30",

pages = "519--549",

journal = "Regional Science and Urban Economics",

issn = "0166-0462",

publisher = "Elsevier B.V.",

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T1 - Enterprise Zones and Local Employment: Evidence from the States’ Programs

AU - BONDONIO, Daniele

AU - ENGBERG, J.

N1 - Funding Information: We would like to thank Robert Greenbaum for his contribution to this research. We are indebted to Peter Fisher and Alan Peters for providing access to their software package TAIM2 that we used to evaluate the monetary value of economic development incentives. The first author gratefully acknowledges financial and research support from the International Center for Economic Research, ICER, Turin, and the research assistance in managing and processing the data provided by Nadia Villa (ICER) and Ada Ferrero (ICER). This paper is a revised version of a paper by the first author presented at the 20th APPAM Annual Research Conference, New York, and circulated under the title ‘States’ Enterprise Zone Policies and Local Employment: What Lessons Can be Learned?’ ( Bondonio, 1998 ).

PY - 2000

Y1 - 2000

N2 - Many states respond to deteriorating economic conditions in their inner cities and rural communities by establishing geographically targeted tax incentives. In this paper, we examine the impact of several of these Enterprise Zone (EZ) programs on local employment. The results show that the EZ programs do not have a significant impact on local employment. Program impact does not depend on the monetary amount of the incentives and or on specific features of program design. These conclusions are constant across two econometric approaches to controlling for the non-random placement of zones and stand up to a wide variety of sensitivity analyses. (C) 2000 Elsevier Science B.V. All rights reserved.

AB - Many states respond to deteriorating economic conditions in their inner cities and rural communities by establishing geographically targeted tax incentives. In this paper, we examine the impact of several of these Enterprise Zone (EZ) programs on local employment. The results show that the EZ programs do not have a significant impact on local employment. Program impact does not depend on the monetary amount of the incentives and or on specific features of program design. These conclusions are constant across two econometric approaches to controlling for the non-random placement of zones and stand up to a wide variety of sensitivity analyses. (C) 2000 Elsevier Science B.V. All rights reserved.

UR - https://iris.uniupo.it/handle/11579/6333

M3 - Article

SN - 0166-0462

VL - 30

SP - 519

EP - 549

JO - Regional Science and Urban Economics

JF - Regional Science and Urban Economics

ER -

Enterprise Zones and Local Employment: Evidence from the States’ Programs

Abstract

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