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Articles 1 - 13 of 13
Full-Text Articles in Social and Behavioral Sciences
Economic And Fiscal Impact Of The Proposed South Haven Community Event Center, George A. Erickcek
Economic And Fiscal Impact Of The Proposed South Haven Community Event Center, George A. Erickcek
George A. Erickcek
No abstract provided.
The Employment And Fiscal Effects Of Michigan's Mega Tax Credit Program, Timothy J. Bartik, George A. Erickcek
The Employment And Fiscal Effects Of Michigan's Mega Tax Credit Program, Timothy J. Bartik, George A. Erickcek
George A. Erickcek
This paper estimates that Michigan's MEGA tax credit program to attract and retain businesses has large employment and fiscal benefits. MEGA provides discretionary tax credits to businesses, with the tax credit tied to the personal income taxes paid by employees on the new or retained jobs. We estimate the economic effects of MEGA using the Upjohn Institute's REMI model, and the research literature on how business location decisions respond to taxes. We estimate the fiscal effects of MEGA based on the research literature on how government spending and revenue respond to state personal income and population. The estimates suggest a …
Where Have All The Michigan Auto Jobs Gone?, Randall W. Eberts, George A. Erickcek
Where Have All The Michigan Auto Jobs Gone?, Randall W. Eberts, George A. Erickcek
George A. Erickcek
No abstract provided.
Simulating The Effects Of Michigan's Mega Tax Credit Program On Job Creation And Fiscal Benefits, Timothy J. Bartik, George A. Erickcek
Simulating The Effects Of Michigan's Mega Tax Credit Program On Job Creation And Fiscal Benefits, Timothy J. Bartik, George A. Erickcek
George A. Erickcek
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.
What Should Michigan Be Doing To Promote Long-Run Economic Development?, Timothy J. Bartik
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 …
The Employment And Fiscal Effects Of Michigan's Mega Tax Credit Program, Timothy J. Bartik, George A. Erickcek
The Employment And Fiscal Effects Of Michigan's Mega Tax Credit Program, Timothy J. Bartik, George A. Erickcek
Timothy J. Bartik
This paper estimates that Michigan's MEGA tax credit program to attract and retain businesses has large employment and fiscal benefits. MEGA provides discretionary tax credits to businesses, with the tax credit tied to the personal income taxes paid by employees on the new or retained jobs. We estimate the economic effects of MEGA using the Upjohn Institute's REMI model, and the research literature on how business location decisions respond to taxes. We estimate the fiscal effects of MEGA based on the research literature on how government spending and revenue respond to state personal income and population. The estimates suggest a …
Increasing The Economic Development Benefits Of Higher Education In Michigan, Timothy J. Bartik
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 …
Simulating The Effects Of Michigan's Mega Tax Credit Program On Job Creation And Fiscal Benefits, Timothy J. Bartik, George A. Erickcek
Simulating The Effects Of Michigan's Mega Tax Credit Program On Job Creation And Fiscal Benefits, Timothy J. Bartik, George A. Erickcek
Timothy J. Bartik
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.
Simulating The Effects Of The Tax Credit Program Of The Michigan Economic Growth Authority On Job Creation And Fiscal Benefits, Timothy Bartik, George Erickcek
Simulating The Effects Of The Tax Credit Program Of The Michigan Economic Growth Authority On Job Creation And Fiscal Benefits, Timothy Bartik, George Erickcek
Timothy J. Bartik
No abstract provided.
Where Have All The Michigan Auto Jobs Gone?, Randall W. Eberts, George A. Erickcek
Where Have All The Michigan Auto Jobs Gone?, Randall W. Eberts, George A. Erickcek
Randall W. Eberts
No abstract provided.
What Works In Forming A Successful Employer Resource Network?, Bridget Timmeney, Kevin Hollenbeck
What Works In Forming A Successful Employer Resource Network?, Bridget Timmeney, Kevin Hollenbeck
Kevin Hollenbeck
No abstract provided.
An Evaluation Of The Manufacturing Technology Partnership (Mtp) Program, Kevin Hollenbeck
An Evaluation Of The Manufacturing Technology Partnership (Mtp) Program, Kevin Hollenbeck
Kevin Hollenbeck
No abstract provided.
Economic And Fiscal Impact Of The Proposed South Haven Community Event Center, George A. Erickcek
Economic And Fiscal Impact Of The Proposed South Haven Community Event Center, George A. Erickcek
Reports
No abstract provided.