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Social and Behavioral Sciences Commons

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Economics

2023

ECONOMIC DEVELOPMENT

Articles 1 - 9 of 9

Full-Text Articles in Social and Behavioral Sciences

Employment, Income, And Poverty In Kalamazoo City Core Neighborhoods, Val Klomparens Dec 2023

Employment, Income, And Poverty In Kalamazoo City Core Neighborhoods, Val Klomparens

Reports

This report employs a traditional methodology using American Community Survey data to examine employment, income, and poverty in three neighborhoods in Kalamazoo, Michigan: Eastside, Northside, and Edison. These neighborhoods are studied with an emphasis on eligibility status for the Distressed Area Recompete Pilot Program, administered through the U.S. Economic Development Administration. Eastside residents are unique in that a larger share earn income through wages or employment than do Michigan residents, yet their median income falls below those at the county and state levels in a statistically significant way. The Edison neighborhood is characterized by greater income inequality than the other …


Scoring Soar, Timothy J. Bartik Nov 2023

Scoring Soar, Timothy J. Bartik

Upjohn Institute Policy Papers

This paper estimates the benefits and costs of the incentive package provided to the proposed Ford battery plant in Marshall, Michigan. This project, announced in February 2023, involves a state and local business incentive package whose undiscounted value is $1.7 billion, and which is awarded to a plant that will eventually create 2,500 permanent jobs. The incentive package is analyzed using the Bartik Benefit-Cost Model of Incentives. The model’s estimates suggest that the incentive package has economic benefits whose present value is over 1.8 times the project’s incentive costs. Most of these benefits are higher earnings per capita for Michigan …


From Stimulus To Sustainability: Reckoning With Community Prosperity Post-Arpa, Kathleen Bolter, Timothy J. Bartik, Brad J. Hershbein, Michelle Miller-Adams, Bridget F. Timmeney, Kyle Huisman, Alfonso Hernandez Sep 2023

From Stimulus To Sustainability: Reckoning With Community Prosperity Post-Arpa, Kathleen Bolter, Timothy J. Bartik, Brad J. Hershbein, Michelle Miller-Adams, Bridget F. Timmeney, Kyle Huisman, Alfonso Hernandez

Reports

No abstract provided.


Discussant Comments On Hyman Et Al. Paper On California Competes Tax Credit (Cctc), Timothy J. Bartik Jul 2023

Discussant Comments On Hyman Et Al. Paper On California Competes Tax Credit (Cctc), Timothy J. Bartik

Presentations

No abstract provided.


Getting The Workforce Into Good Jobs Requires Place-Based Policies, Timothy J. Bartik Jun 2023

Getting The Workforce Into Good Jobs Requires Place-Based Policies, Timothy J. Bartik

Presentations

No abstract provided.


Benefits And Costs Of An Incentive Project Or Program For State Residents: A Model For Flexible Use In Any State, Timothy J. Bartik May 2023

Benefits And Costs Of An Incentive Project Or Program For State Residents: A Model For Flexible Use In Any State, Timothy J. Bartik

Presentations

No abstract provided.


An Introduction To The Bartik Benefit-Cost Model Of Business Incentives, Timothy J. Bartik May 2023

An Introduction To The Bartik Benefit-Cost Model Of Business Incentives, Timothy J. Bartik

Reports

This short report provides an introduction to a new model of the benefits and costs of business incentives to promote state economic development. This model provides potential users—anyone interested in evaluating an incentive project or incentive program in their state—with a model that can be used for practical evaluation purposes, such as deciding whether or not a project should be undertaken, whether or not to expand or terminate a current incentive program, or how an incentive program could be improved by reforms to have higher net benefits. What is most distinctive about the model is that it focuses on how …


Bartik Benefit-Cost Model Of Business Incentives: A User’S Guide, Timothy J. Bartik May 2023

Bartik Benefit-Cost Model Of Business Incentives: A User’S Guide, Timothy J. Bartik

Reports

This “user’s guide” explains a model for evaluating state or local business incentives. These incentives include tax breaks provided by state and local governments to business, to encourage local job growth. The model is intended to be used by state legislative audit bureaus, state and local economic development agencies, university centers for business research, economic development consulting firms, or any group that wants to evaluate an overall economic development program, or individual economic development projects. Users provide information on the incentives provided, and the incented jobs, and the model then produces estimates of the effects of the program on jobs, …


The National-Level Economic Impact Of The Manufacturing Extension Partnership (Mep): Estimates For Fiscal Year 2022, Brian Pittelko, Iryna V. Lendel, Kassim Mbwana, Kami Ehrich Mar 2023

The National-Level Economic Impact Of The Manufacturing Extension Partnership (Mep): Estimates For Fiscal Year 2022, Brian Pittelko, Iryna V. Lendel, Kassim Mbwana, Kami Ehrich

Reports

No abstract provided.