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_aWang, Jia _954216 |
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_aEconomic Development Incentives: _bWhat Can We Learn From Policy Regime Changes?/ _cJia Wang |
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260 |
_bSage, _c2020. |
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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. | ||
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_aEconomic Development _954217 |
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_aPolicy Regime Changes _954218 |
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_aState-level economic incentive policies _954219 |
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_aYuan, Weici _eCo-author _954220 |
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_aRogers, Cynthia _eCo-author _954221 |
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773 | 0 |
_010589 _916747 _dSage Publisher _tEconomic development quarterly |
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856 | _uhttps://doi.org/10.1177/0891242420909899 | ||
942 |
_2ddc _cART |
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_c13432 _d13432 |