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Articles 1 - 30 of 60
Full-Text Articles in Regional Economics
From Innovation To Impact: Evaluation Of The Shape Accelerator Cohort, Iryna V. Lendel, Chloe Wieber
From Innovation To Impact: Evaluation Of The Shape Accelerator Cohort, Iryna V. Lendel, Chloe Wieber
Upjohn Institute Technical Reports
The Solutions Hub for an Alternative Packaging Ecosystem (SHAPE), a Michigan-Ohio partnership operated by the Michigan State University Research Foundation as part of a National Science Foundation Regional Innovation Engine, co-funded a special cohort of the NextCycle Accelerator focused on sustainable packaging and circular economy ventures. This report evaluates how the accelerator contributed to firm-level advancement and ecosystem-level change, drawing on program data and interviews with participating companies, program facilitators, stakeholders, and SHAPE management. Participants most consistently credited coaching, network connections, and the Pitch Showcase with meaningfully impacting their business trajectory, gaining market traction, advancing technology readiness, and gaining access …
How Incentive Design Affects The Benefit-Cost Ratio Of Clean Energy Projects, Timothy J. Bartik
How Incentive Design Affects The Benefit-Cost Ratio Of Clean Energy Projects, Timothy J. Bartik
Presentations
No abstract provided.
The Economic Benefits And Costs Of State And Local Incentives For Clean Energy Projects, Timothy J. Bartik, Gerrit Anderson, Brian J. Asquith, Kathleen Bolter, Kyle Huisman, Iryna V. Lendel, Jeremy Morris, Sevrin Williams
The Economic Benefits And Costs Of State And Local Incentives For Clean Energy Projects, Timothy J. Bartik, Gerrit Anderson, Brian J. Asquith, Kathleen Bolter, Kyle Huisman, Iryna V. Lendel, Jeremy Morris, Sevrin Williams
Upjohn Institute Technical Reports
This report evaluates the benefits and costs of investment incentives for 50 large clean energy supply chain manufacturing and infrastructure projects. The findings suggest that these incentives generate modest but typically positive economic returns, with a median benefit-cost ratio of 1.47, meaning benefits exceed costs by 47 percent for the typical project. Returns vary significantly across projects—approximately 70 percent of projects produced net positive benefits over a 20-year period, while 30 percent failed to recover incentive costs. Project performance depends heavily on incentive design and local conditions. Excessively large cash incentives reduce returns, while customized services, strong job multipliers, investment …
Upjohn Regional Economic Outlook, Iryna V. Lendel, Chloe Wieber, Sevrin Williams, Gerrit Anderson, Lee Adams, Emily Petz
Upjohn Regional Economic Outlook, Iryna V. Lendel, Chloe Wieber, Sevrin Williams, Gerrit Anderson, Lee Adams, Emily Petz
Reports
No abstract provided.
An Economic Impact Analysis Of Rx Kids In Flint, Michigan, Timothy J. Bartik, Brad J. Hershbein, Iryna V. Lendel, Sevrin Williams
An Economic Impact Analysis Of Rx Kids In Flint, Michigan, Timothy J. Bartik, Brad J. Hershbein, Iryna V. Lendel, Sevrin Williams
Reports
No abstract provided.
Upper Peninsula Regional Economic Development Strategy, Iryna V. Lendel, Chloe Wieber, Gerrit Anderson, Sevrin Williams
Upper Peninsula Regional Economic Development Strategy, Iryna V. Lendel, Chloe Wieber, Gerrit Anderson, Sevrin Williams
Upjohn Institute Technical Reports
This comprehensive report describes the economy of Michigan’s Upper Peninsula, outlining both persistent issues and emerging opportunities. The region faces several structural challenges, including a decline in prime-age workers and bachelor’s degree attainment that falls below state and national averages, while shortages in housing and healthcare further limit its ability to attract and retain residents. Despite those challenges, the U.P.’s universities, longstanding industries, abundant natural resources, and robust outdoor recreation economy provide strong foundations for future development. The report recommends strategies such as strengthening retention of the talent pipeline, expanding housing and healthcare capacity, fostering small and mid-sized firms in …
Abundance Strategies Should Promote Abundant Jobs In Distressed Places, Timothy J. Bartik
Abundance Strategies Should Promote Abundant Jobs In Distressed Places, Timothy J. Bartik
Upjohn Institute Policy Papers
A prominent recent policy debate is about “abundance policies”: policies to make it easier to build housing or infrastructure, deliver government services more quickly and more efficiently, and expedite the public funding of the most innovative and socially impactful research. In this essay, I argue that abundance advocates often mistakenly ignore or have a negative attitude toward “place-based policies.” These place-based policies would seek to increase employment rates, particularly in good jobs, in two types of distressed places that lack abundant job opportunities: distressed local labor markets and distressed neighborhoods. Both the goals and means of place-based policies fit into …
Tulsa Remote’S Benefits For Other Tulsa Residents: Results And Implications, Timothy J. Bartik
Tulsa Remote’S Benefits For Other Tulsa Residents: Results And Implications, Timothy J. Bartik
Presentations
No abstract provided.
The Effects Of Tulsa Remote On Inducing Moves To Tulsa: Estimates And Implications, Timothy J. Bartik
The Effects Of Tulsa Remote On Inducing Moves To Tulsa: Estimates And Implications, Timothy J. Bartik
Upjohn Institute Technical Reports
Tulsa Remote is one of the largest of over 100 remote worker attraction programs in the United States. Since its beginning in 2018, the program has provided generous incentives ($10,000 for moving to Tulsa and staying one year), along with accompanying networking services and incentives to encourage entrepreneurship, to over 3,000 Tulsa Remote member households, selected out of tens of thousands of applicants. Tulsa Remote’s purpose is to promote economic development in Tulsa. Tulsa Remote members spend more locally and generate fiscal benefits, as well as start up businesses and help make Tulsa more attractive for high-tech job growth. These …
Federal And State Governments Can Help Solve The Employment Problems Of People In Distressed Places To Spur Equitable Growth, Timothy J. Bartik
Federal And State Governments Can Help Solve The Employment Problems Of People In Distressed Places To Spur Equitable Growth, Timothy J. Bartik
Upjohn Institute Policy Papers
Places in the United States differ greatly in their residents’ access to jobs, especially good jobs. Although the federal and state governments provide about $80 billion annually to create jobs through multiple programs, these job-creation initiatives are rarely targeted to economically distressed places, where the job-creation benefits for local residents are greatest. Moreover, many of these programs take the form of business tax incentives, which are less effective at job creation than customized services for businesses and workers. I argue that the prime-age employment rate of places should be used to target job-creation programs and review which such programs are …
Five Key Lessons For Five Core Groups Shaping Place-Based Policy, Kathleen Bolter, Timothy J. Bartik, Brad J. Hershbein, Michelle Miller-Adams, Alfonso Hernandez, Kyle Huisman, Bridget Timmeney
Five Key Lessons For Five Core Groups Shaping Place-Based Policy, Kathleen Bolter, Timothy J. Bartik, Brad J. Hershbein, Michelle Miller-Adams, Alfonso Hernandez, Kyle Huisman, Bridget Timmeney
Reports
No abstract provided.
What Should States Do About Incentives?, Timothy J. Bartik
What Should States Do About Incentives?, Timothy J. Bartik
Presentations
No abstract provided.
Costs And Benefits Of A Revised Foxconn Project, Timothy J. Bartik
Costs And Benefits Of A Revised Foxconn Project, Timothy J. Bartik
Reports
No abstract provided.
Place-Based Jobs Policies, Timothy J. Bartik
Incentive Benefits And Costs, Timothy J. Bartik
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.
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.
Helping Manufacturing-Intensive Communities: What Works?, Timothy J. Bartik
Helping Manufacturing-Intensive Communities: What Works?, Timothy J. Bartik
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.
A New Business Incentives Database, Timothy J. Bartik
A New Business Incentives Database, Timothy J. Bartik
Presentations
No abstract provided.
A New Business Incentives Database, Timothy J. Bartik
A New Business Incentives Database, Timothy J. Bartik
Presentations
No abstract provided.
New Evidence On State Fiscal Multipliers: Implications For State Policies, Timothy J. Bartik
New Evidence On State Fiscal Multipliers: Implications For State Policies, Timothy J. Bartik
Upjohn Institute Working Papers
When state and local governments engage in balanced budget changes in taxes and spending, what fiscal multiplier effects do such policies have on creating local jobs? Traditionally, the view has been that possible job-creation effects of such state and local “demand-side” policies are smaller, second-order effects. Such effects might be worthwhile to take into consideration when a state or local government balances its budget during a recession, but the effects were believed to be of modest magnitude, and not of major importance for more general state and local public policies. However, recent estimates of fiscal multiplier effects of state and …
What Works In Economic Development, Timothy J. Bartik
What Works In Economic Development, Timothy J. Bartik
Presentations
No abstract provided.
Labor-Demand-Side Economic Development Incentives And Urban Opportunity, Timothy J. Bartik
Labor-Demand-Side Economic Development Incentives And Urban Opportunity, Timothy J. Bartik
Book Chapters
No abstract provided.
Benefits Vs. Costs Of Business Incentives, Timothy J. Bartik
Benefits Vs. Costs Of Business Incentives, Timothy J. Bartik
Presentations
No abstract provided.
Jobless Capital? The Role Of Capital Subsidies, Carlianne E. Patrick
Jobless Capital? The Role Of Capital Subsidies, Carlianne E. Patrick
Upjohn Institute Working Papers
Using tax abatements, financial incentives, and public investments to attract (or retain) firms is the primary economic development tool for many local governments. Often local job creation policies focus on increasing capital through grants, low-interest financing, and other economic development incentives. Theory predicts that capital subsidies induce firm behaviors that limit their job creation effects. This paper employs the Incentives Environment Index, constructed from state constitutional provisions that limit and structure the ability of state and local governmental entities to aid private enterprises, and five-year county panels to test theoretical predictions on county capital expenditure and input mixes as well …
State Incentives For Innovation, Star Scientists, And Jobs: Evidence From Biotech, Enrico Moretti, Daniel J. Wilson
State Incentives For Innovation, Star Scientists, And Jobs: Evidence From Biotech, Enrico Moretti, Daniel J. Wilson
Upjohn Institute Working Papers
We evaluate the effects of state-provided financial incentives for biotech companies, which are part of a growing trend of placed-based policies designed to spur innovation clusters. We estimate that the adoption of subsidies for biotech employers by a state raises the number of star biotech scientists in that state by about 15 percent over a three-year period. A 10 percent decline in the user cost of capital induced by an increase in R&D tax incentives raises the number of stars by 22 percent. Most of the gains are due to the relocation of star scientists to adopting states, with limited …
The Future Of State And Local Economic Development Policy: What Research Is Needed?, Timothy J. Bartik
The Future Of State And Local Economic Development Policy: What Research Is Needed?, Timothy J. Bartik
Presentations
No abstract provided.