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Full-Text Articles in Social and Behavioral Sciences

Benefits Vs. Costs Of Business Incentives, Timothy J. Bartik Dec 2015

Benefits Vs. Costs Of Business Incentives, Timothy J. Bartik

Timothy J. Bartik

No abstract provided.


Assessing Evaluation Methodologies For Performance-Based Incentives, George A. Erickcek Feb 2015

Assessing Evaluation Methodologies For Performance-Based Incentives, George A. Erickcek

George A. Erickcek

No abstract provided.


Economic Impact Of Businesses Assisted By Southwest Michigan First, George A. Erickcek, Randall W. Eberts Feb 2015

Economic Impact Of Businesses Assisted By Southwest Michigan First, George A. Erickcek, Randall W. Eberts

George A. Erickcek

This report estimates the contribution to the Kalamazoo-Portage MSA's economy by businesses that have received substantial assistance from Southwest Michigan First (SMF), a private, not-for-profit economic development agency serving the greater Kalamazoo region. The report examines the trends in employment, gross regional product, and wages and salaries generated by the 105 firms that SMF staff identified as receiving substantial assistance from SMF between 2000 and 2008. The estimates extend through the year 2012 in order to capture the employment projections offered by some of the assisted firms. The study also provides upper bound estimates of the benefit-cost ratio of the …


What Works In State Economic Development?, Timothy Bartik Jan 2015

What Works In State Economic Development?, Timothy Bartik

Timothy J. Bartik

No abstract provided.


The Future Of State And Local Economic Development Policy: What Research Is Needed, Timothy Bartik Jan 2015

The Future Of State And Local Economic Development Policy: What Research Is Needed, Timothy Bartik

Timothy J. Bartik

No abstract provided.


Taxes And Local Economic Development: What Do We Know And What Can We Know?, Timothy Bartik Jan 2015

Taxes And Local Economic Development: What Do We Know And What Can We Know?, Timothy Bartik

Timothy J. Bartik

No abstract provided.


The Rise Of The Entrepreneurial State: State And Local Development Policy In The United States By Peter K. Eisinger, Timothy Bartik Jan 2015

The Rise Of The Entrepreneurial State: State And Local Development Policy In The United States By Peter K. Eisinger, Timothy Bartik

Timothy J. Bartik

No abstract provided.


Boon Or Boondoggle? The Debate Over State And Local Economic Development Policies, Timothy Bartik Jan 2015

Boon Or Boondoggle? The Debate Over State And Local Economic Development Policies, Timothy Bartik

Timothy J. Bartik

No abstract provided.


The Roles Of Tax Incentives And Other Business Incentives In Local Economic Development, Timothy Bartik, Randall Eberts Jan 2015

The Roles Of Tax Incentives And Other Business Incentives In Local Economic Development, Timothy Bartik, Randall Eberts

Timothy J. Bartik

No abstract provided.


Economic Development Strategies, Timothy J. Bartik Jan 2015

Economic Development Strategies, Timothy J. Bartik

Timothy J. Bartik

This paper provides a guide to economic development policies for local government managers. Local economic development policies today include not only tax subsidies for branch plants, but also job training to provide workers to businesses, advice and support services for potential entrepreneurs, and extension services to help businesses modernize and export. To help local government managers, this paper suggests a number of guiding principles, including: local economic development should be pursued cooperatively across the local labor market; economic development programs should consider the quality of jobs created; tax subsidies are expensive per job created; development subsidies are more effective if …


Small Business Start-Ups In The United States: Estimates Of The Effects Of Characteristics Of States, Timothy Bartik Jan 2015

Small Business Start-Ups In The United States: Estimates Of The Effects Of Characteristics Of States, Timothy Bartik

Timothy J. Bartik

No abstract provided.


Analysis Of Washington High Tech Tax Credit, Kevin Hollenbeck, Timothy Bartik Jan 2015

Analysis Of Washington High Tech Tax Credit, Kevin Hollenbeck, Timothy Bartik

Timothy J. Bartik

The State of Washington has a credit provision in its Business & Operations tax intended to incentivize research and development expenditures in high tech industries. The indirect goal of the incentive is to generate employment in the state. Upjohn Institute staff members analyzed administrative data from the state to estimate the employment and earnings generating effect of the R & D credit. The administrative data included tax return information merged with quarterly earnings and employment records. Potential endogeneity of the credits and employment were controlled through instrumental variables.


Bringing The Future Into The Present: How Policymakers Should Deal With The Delayed Benefits Of Early Childhood Programs, Timothy Bartik Jan 2015

Bringing The Future Into The Present: How Policymakers Should Deal With The Delayed Benefits Of Early Childhood Programs, Timothy Bartik

Timothy J. Bartik

No abstract provided.


Distributional Effects Of Early Childhood Programs And Business Incentives And Their Implications For Policy, Timothy J. Bartik Jan 2015

Distributional Effects Of Early Childhood Programs And Business Incentives And Their Implications For Policy, Timothy J. Bartik

Timothy J. Bartik

This is a draft of a chapter of a planned book, Preschool and Jobs: Human Development as Economic Development, and Vice Versa [subsequently published as Investing in Kids, 2011]. This book analyzes early childhood programs effects on regional economic development. This chapter considers the effects of early childhood programs and business incentives on the income distribution. A key issue is whether early childhood programs should be targeted on the poor, or made universally available for free. Relevant considerations in addressing this issue include how benefits of early childhood programs benefit with family income, and the political feasibility of targeted versus …


Saturn And State Economic Development, Timothy J. Bartik, Charles Becker, Steve Lake, John Bush Jan 2015

Saturn And State Economic Development, Timothy J. Bartik, Charles Becker, Steve Lake, John Bush

Timothy J. Bartik

No abstract provided.


Incentive Solutions, Timothy J. Bartik Jan 2015

Incentive Solutions, Timothy J. Bartik

Timothy J. Bartik

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, …


Introduction [To Investing In Kids], Timothy Bartik Jan 2015

Introduction [To Investing In Kids], Timothy Bartik

Timothy J. Bartik

No abstract provided.


Attracting Capital To Distressed Areas, Timothy Bartik Jan 2015

Attracting Capital To Distressed Areas, Timothy Bartik

Timothy J. Bartik

Researchers addressed the topic of attracting capital to distressed urban areas and focused on the extent to which this problem can be solved by increasing labor demand for residents of distressed areas through attracting private investment. This increase in labor demand allows an increase in employment per capita and earnings per capita in residents' home areas. The report analyzed the type and scale of federal policy options that led to the attraction of substantial capital to distressed areas.


Economic Development Benefits Of Preschool Expansion In Kalamazoo County, Timothy J. Bartik Jan 2015

Economic Development Benefits Of Preschool Expansion In Kalamazoo County, Timothy J. Bartik

Timothy J. Bartik

This paper examines the effects of preschool expansion in Kalamazoo County on the county's economic development. Effects on the county's economic development are defined as effects on the employment and earnings of county residents. The estimated effects are found to be large relative to the costs. In addition to their relevance to Kalamazoo County, these simulations illustrate how the analysis presented in two previous papers (Bartik 2006, 2008) can be done for an individual county or metropolitan area. Such simulations may be of interest to other counties or metropolitan areas that are considering expansions in early childhood programs.


What Should Michigan Be Doing To Promote Long-Run Economic Development?, Timothy J. Bartik Jan 2015

What Should Michigan Be Doing To Promote Long-Run Economic Development?, Timothy J. Bartik

Timothy J. Bartik

This paper argues that Michigan can take cost-effective actions to significantly improve the primary state economic development goal: higher per capita income of Michigan's residents. Higher per capita income of Michigan's residents can be achieved through state policy actions that use cost-effective means to either lower the marginal costs of businesses that expand in the state, or boost the skills of state residents. In this paper, I offer eight ideas for how to lower marginal business costs and boost skills. Four of these ideas focus on lowering marginal business costs. Four other ideas focus on boosting skills. For each of …


Local Economic Development Policies, Timothy J. Bartik Jan 2015

Local Economic Development Policies, Timothy J. Bartik

Timothy J. Bartik

This chapter seeks to provide useful advice for local government policy towards economic development programs. The chapter: reviews the size and scope of local economic development programs in the United States; critically analyzes the various rationales offered for these programs; makes recommendations for what local policy should do about business attraction and incentives, business retention, new business development, high technology development, brownfield development, distressed neighborhoods, and downtowns; and discusses how local economic development programs should be organized, managed, and evaluated.


Economic Development, Timothy Bartik Jan 2015

Economic Development, Timothy Bartik

Timothy J. Bartik

No abstract provided.


The National Perspective: How Local Business Incentives And Early Childhood Programs Affect The National Economy, Timothy Bartik Jan 2015

The National Perspective: How Local Business Incentives And Early Childhood Programs Affect The National Economy, Timothy Bartik

Timothy J. Bartik

No abstract provided.


Eight Issues For Policy Toward Economic Development Incentives, Timothy Bartik Jan 2015

Eight Issues For Policy Toward Economic Development Incentives, Timothy Bartik

Timothy J. Bartik

No abstract provided.


Why Universal Preschool Is Really A Labor Market Program, Timothy J. Bartik Jan 2015

Why Universal Preschool Is Really A Labor Market Program, Timothy J. Bartik

Timothy J. Bartik

No abstract provided.


Increasing The Economic Development Benefits Of Higher Education In Michigan, Timothy J. Bartik Jan 2015

Increasing The Economic Development Benefits Of Higher Education In Michigan, Timothy J. Bartik

Timothy J. Bartik

This paper considers how a state such as Michigan can increase the economic development benefits of higher education. Research evidence suggests that higher education increases local economic development principally by increasing the quality of the local workforce, and secondarily by increasing local innovative ideas. These economic development benefits of higher education can be increased by: 1) competent management of conventional economic development programs that focus on business attraction and retention; 2) policies that focus on increasing local job skills by educating the state's residents, as opposed to attracting in-migrants; 3) policies that address specific "market failures" in how higher education …


Economic Development Policy In Michigan, Timothy Bartik, Peter Eisinger, George Erickcek Jan 2015

Economic Development Policy In Michigan, Timothy Bartik, Peter Eisinger, George Erickcek

Timothy J. Bartik

No abstract provided.


The Impact Of Marginal Business Taxes On State Manufacturing, Richard Funderburg, Timothy Bartik, Alan Peters, Peter Fisher Jan 2015

The Impact Of Marginal Business Taxes On State Manufacturing, Richard Funderburg, Timothy Bartik, Alan Peters, Peter Fisher

Timothy J. Bartik

No abstract provided.


The Revitalization Of Older Industrial Cities: A Review Essay Of Retooling For Growth, Timothy Bartik Jan 2015

The Revitalization Of Older Industrial Cities: A Review Essay Of Retooling For Growth, Timothy Bartik

Timothy J. Bartik

No abstract provided.


Why Investing In Kids Makes Sense For Local Economies, Timothy J. Bartik Jan 2015

Why Investing In Kids Makes Sense For Local Economies, Timothy J. Bartik

Timothy J. Bartik

No abstract provided.