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100 _aWang, Jia
_954216
245 _aEconomic Development Incentives:
_bWhat Can We Learn From Policy Regime Changes?/
_cJia Wang
260 _bSage,
_c2020.
300 _aVol.34, issue 2, 2020: (116–125p.)
520 _aThe authors investigate state-level economic incentive policies in the United States using the Panel Database on Incentives and Taxes for economic development (PDIT). Although interest in evaluating the efficacy of tax and incentive programs is growing, data limitations are formidable: Tax policies and expenditures are difficult to track and administrators are not equipped to gather the data needed for rigorous evaluation. The PDIT covers 45 industries in 32 U.S. states, including the main cities in the 30 largest metropolitan areas. The PDIT simulates the value of an incentive in terms of value added of a hypothetical firm in a particular industry, state, and year from 1990 to 2015. The authors identify and exploit large, discrete changes in incentive policies (e.g., regime changes). Applying the difference-in-differences method, they investigate potential causal links between regime changes and medium-run economic outcomes, including employment, establishment counts, wages, and poverty rates.
650 _aEconomic Development
_954217
650 _aPolicy Regime Changes
_954218
650 _aState-level economic incentive policies
_954219
700 _aYuan, Weici
_eCo-author
_954220
700 _aRogers, Cynthia
_eCo-author
_954221
773 0 _010589
_916747
_dSage Publisher
_tEconomic development quarterly
856 _uhttps://doi.org/10.1177/0891242420909899
942 _2ddc
_cART
999 _c13432
_d13432