Open Access. Powered by Scholars. Published by Universities.®
Social and Behavioral Sciences Commons™
Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 2 of 2
Full-Text Articles in Social and Behavioral Sciences
The Missouri Quality Jobs Program: Rearranging The Deck Chairs (And Throwing Some Overboard), Howard Wall
The Missouri Quality Jobs Program: Rearranging The Deck Chairs (And Throwing Some Overboard), Howard Wall
Missouri Policy Journal
According to the Missouri Department of Economic Development (DED), the Missouri Quality Jobs Program (MQJP) will create 118 new jobs by 2020 for each $1 million dollars in tax credits awarded under the program. The claimed sources of these job gains are the direct increase in employment at the firm receiving the credits, and indirect increases at other firms due to spinoff and multiplier effects. Unfortunately, the DED’s estimates for these effects are based more on faith than on evidence. First, the DED rather naively assumes that all of the job gains at the firm receiving tax credits occur only …
All Employment Is Local: Examining The Impact Of The American Recovery And Revitalization (Arra) Act On Two Missouri Counties (As Well As An Analysis Of Missouri Tax Credit Programs), Joseph A. Cernik
Missouri Policy Journal
Employment is explored in the aftermath of the most recent “Great Recession”—the lingering effects are still being felt. Employment growth largely depends on what happens locally. This article examines the American Recovery and Revitalization Act (ARRA) often thought of as the Economic Stimulus Plan of the Obama Administration and its impact on two adjacent Missouri counties (Ste. Genevieve and Perry). County particulars are examined which impact how to understand employment in both counties. Furthermore, the issue of jobs created versus jobs retained is examined, as well as the difficulties of measuring the multiplier effect. Finally, Missouri tax credit programs are …