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Social and Behavioral Sciences Commons

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Economics

Selected Works

Economic development - Tax and other business incentives

Articles 1 - 30 of 57

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.


Poverty, Jobs, And Subsidized Employment, Timothy Bartik Jan 2015

Poverty, Jobs, And Subsidized Employment, Timothy Bartik

Timothy J. Bartik

No abstract provided.


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 Job Creation Tax Credit: Dismal Projections For Employment Call For A Quick, Efficient, And Effective Response, Timothy Bartik, John Bishop Jan 2015

The Job Creation Tax Credit: Dismal Projections For Employment Call For A Quick, Efficient, And Effective Response, Timothy Bartik, John Bishop

Timothy J. Bartik

No abstract provided.


The U.S. Economic Crisis And A Revised New Jobs Tax Credit, Timothy J. Bartik Jan 2015

The U.S. Economic Crisis And A Revised New Jobs Tax Credit, Timothy J. Bartik

Timothy J. Bartik

An efficacious economic stimulus to help the U.S. economy recover from its current recession is the revival of the New Jobs Tax Credit. Unlike the original credit utilized by the federal government in 1977– 1978, the new version should be a refundable credit but at a lower current dollar value. My 2001 book, Jobs for the Poor: Can Labor Demand Policies Help? proposed a permanent version f the New Jobs Tax Credit that would be automatically triggered when the unemployment rate is high. My estimates, updated to 2008, suggest that such a revised credit might increase aggregate U.S. employment by …


A Proposal For Early Impact, Persistent, And Cost-Effective Job Creation Policies, Timothy J. Bartik Jan 2015

A Proposal For Early Impact, Persistent, And Cost-Effective Job Creation Policies, Timothy J. Bartik

Timothy J. Bartik

No abstract provided.


Discussion [Of The Effects Of State And Local Public Services On Economic Development By Ronald C. Fisher], Timothy Bartik Jan 2015

Discussion [Of The Effects Of State And Local Public Services On Economic Development By Ronald C. Fisher], 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.


Federal Policy Towards State And Local Economic Development In The 1990s, Timothy J. Bartik Jan 2015

Federal Policy Towards State And Local Economic Development In The 1990s, Timothy J. Bartik

Timothy J. Bartik

This paper suggests new federal policies towards state and local economic development assistance to business. I argue that there is some evidence that these programs can be effective in encouraging business growth and helping the unemployed. But state and local governments do not have the right incentives to adequately pursue national goals through economic development programs. State and local governments are not inclined to do quality evaluations of their programs and tend to favor business attraction programs over programs that might increase U.S. business productivity. In addition, it is unclear whether economic development efforts are most vigorously pursued by economically …


Not All Job Creation Tax Credits Are Created Equal, Timothy Bartik Jan 2015

Not All Job Creation Tax Credits Are Created Equal, Timothy Bartik

Timothy J. Bartik

No abstract provided.


Economic Development Incentive Wars, Timothy J. Bartik Jan 2015

Economic Development Incentive Wars, Timothy J. 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 …


Comment On Edlin And Phelps: A Better Employer Wage Subsidy, Timothy Bartik Jan 2015

Comment On Edlin And Phelps: A Better Employer Wage Subsidy, Timothy Bartik

Timothy J. Bartik

No abstract provided.


Viewpoint: Report Only Covered Direct Jobs Created By Federal Stimulus, Timothy Bartik Jan 2015

Viewpoint: Report Only Covered Direct Jobs Created By Federal Stimulus, Timothy Bartik

Timothy J. Bartik

No abstract provided.


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.


Thoughts On American Manufacturing Decline And Revitalization, Timothy J. Bartik Jan 2015

Thoughts On American Manufacturing Decline And Revitalization, Timothy J. Bartik

Timothy J. Bartik

No abstract provided.


An Analysis Of The Employment Effects Of The Washington High Technology Business And Occupation (B&O) Tax Credit: Technical Report, Timothy J. Bartik, Kevin Hollenbeck Jan 2015

An Analysis Of The Employment Effects Of The Washington High Technology Business And Occupation (B&O) Tax Credit: Technical Report, Timothy J. Bartik, Kevin Hollenbeck

Timothy J. Bartik

This paper estimates the effects of an R&D tax credit in the state of Washington on job creation. The research uses micro-data on the job creation and tax credits received by individual firms in the state of Washington from 2004 to 2009. We correct for the endogeneity of R&D tax credits received by individual firms by using instrumental variables based in part on national industry factor shares for R&D. We estimate that this tax credit created jobs, but at a high cost. The cost per job-year created is estimated to be between $40,000 and $50,000. The credit was so high …


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.


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 …


Michigan's Economic Development Policies, Timothy J. Bartik, George A. Erickcek Jan 2015

Michigan's Economic Development Policies, Timothy J. Bartik, George A. Erickcek

Timothy J. Bartik

No abstract provided.


Estimating The Costs Per Job Created Of Employer Subsidy Programs, Timothy J. Bartik Jan 2015

Estimating The Costs Per Job Created Of Employer Subsidy Programs, Timothy J. Bartik

Timothy J. Bartik

No abstract provided.


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, …


Jobs, Productivity, And Local Economic Development: What Implications Does Economic Research Have For The Role Of Government?, Timothy Bartik Jan 2015

Jobs, Productivity, And Local Economic Development: What Implications Does Economic Research Have For The Role Of Government?, Timothy Bartik

Timothy J. Bartik

No abstract provided.


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.