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Document Type

Article

Abstract

State and local policymakers throughout the country experience tremendous pressure from their constituents to create policy tools that spur job growth and reduce unemployment in their jurisdictions. One tool that has been viewed by policymakers as useful in stimulating job growth and reducing unemployment has been economic development incentives. Despite this view, there has been growing concern over the cost effectiveness of these incentives. This paper provides a comprehensive discussion of the issues surrounding economic development incentives and evidence from four different methods of study as to the influence incentives have had on employment growth in states and counties throughout the United States.

Publication Date

Spring 2002

Journal Title

Major Themes in Economics

Volume

4

Issue

1

First Page

21

Last Page

47

Copyright

©2002 by Major Themes in Economics

Language

en

File Format

application/pdf

Included in

Economics Commons

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