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Social and Behavioral Sciences Commons™
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Articles 1 - 9 of 9
Full-Text Articles in Social and Behavioral Sciences
Promise Scholarship Programs And Local Prosperity, Michelle Miller-Adams, Edward Smith
Promise Scholarship Programs And Local Prosperity, Michelle Miller-Adams, Edward Smith
Upjohn Institute Policy Papers
We argue that place-based college scholarships, if designed intentionally and leveraged effectively, can foster local economic development. Since the introduction of the Kalamazoo Promise in 2005, a growing number of communities have applied the place-based approach to investments in human capital through the creation of college scholarship programs. Reviewing the existing literature on educational and economic outcomes associated with Promise programs reveals that they can expand students’ postsecondary aspirations, improve a school district’s college-going culture, and increase college enrollment and degree attainment while promoting in-migration of residents and positive growth in housing prices. Therefore, these programs can serve a broader …
Striking A Balance: A National Assessment Of Economic Development Incentives, Mary Donegan, T. William Lester, Nichola Lowe
Striking A Balance: A National Assessment Of Economic Development Incentives, Mary Donegan, T. William Lester, Nichola Lowe
Upjohn Institute Working Papers
The use of incentive packages has intensified as local governments compete for new plants and corporate relocations, and as private firms increasingly demand a deal. While incentives promise jobs and tax revenue, scholars and practitioners criticize their high cost and limited accountability. Through a comparison of matched establishments, this paper explores how governmental incentive-granting strategy impacts incentive performance. We examine the overall impact of incentives and whether incentives granted to smaller firms perform better. Using economic development budget data, we also assess the state’s overall approach to economic development to determine which strategies are prioritized through funding. By showing that …
Incentives And Local Job Creation, Timothy J. Bartik
Incentives And Local Job Creation, Timothy J. Bartik
Upjohn Institute Policy and Research Briefs
No abstract provided.
"But For" Percentages For Economic Development Incentives: What Percentage Estimates Are Plausible Based On The Research Literature?, Timothy J. Bartik
"But For" Percentages For Economic Development Incentives: What Percentage Estimates Are Plausible Based On The Research Literature?, Timothy J. Bartik
Upjohn Institute Working Papers
This paper reviews the research literature in the United States on effects of state and local “economic development incentives.” Such incentives are tax breaks or grants, provided by state or local governments to individual firms, that are intended to affect firms’ decisions about business location, expansion, or job retention. Incentives’ benefits versus costs depend greatly on what percentage of incented firms would not have made a particular location/expansion/retention decision “but for” the incentive. Based on a review of 34 estimates of “but for” percentages, from 30 different studies, this paper concludes that typical incentives probably tip somewhere between 2 percent …
Preparing U.S. Workers And Employers For An Autonomous Vehicle Future, Erica L. Groshen, Susan Helper, John Paul Macduffie, Charles Carson
Preparing U.S. Workers And Employers For An Autonomous Vehicle Future, Erica L. Groshen, Susan Helper, John Paul Macduffie, Charles Carson
Upjohn Institute Technical Reports
No abstract provided.
What Works To Help Manufacturing-Intensive Local Economies?, Timothy J. Bartik
What Works To Help Manufacturing-Intensive Local Economies?, Timothy J. Bartik
Upjohn Institute Technical Reports
No abstract provided.
Improving Economic Development Incentives, Timothy J. Bartik
Improving Economic Development Incentives, Timothy J. Bartik
Upjohn Institute Policy and Research Briefs
No abstract provided.
Who Benefits From Economic Development Incentives? How Incentive Effects On Local Incomes And The Income Distribution Vary With Different Assumptions About Incentive Policy And The Local Economy, Timothy J. Bartik
Upjohn Institute Technical Reports
This report presents results from a simulation model that examines the effects of economic development incentives (e.g., tax incentives such as property tax abatements or job creation tax credits) provided to businesses by state and local governments in the United States. The model simulates effects of incentive policies on the incomes of local residents, both for different income types (e.g., labor income versus property income) and for different income quintiles, under different assumptions about the economy’s workings and public policy. Net benefits of incentives for local incomes are greater if the incentives have greater job-creation effects conditional on their effects …
Race To The Bottom? Local Tax Break Competition And Business Location, Evan Mast
Race To The Bottom? Local Tax Break Competition And Business Location, Evan Mast
Employment Research Newsletter
No abstract provided.