Urban Enterprise Zones: Do They Work? Evidence From New Jersey

Marilyn Marks Rubin

24 citations0/0 files storedPublic Budgeting &amp Finance

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Economic Zones and Regional Development Local Government Finance and Decentralization Fiscal Policy and Economic Growth

Abstract

Budgetary pressures have made it necessary to consider the effectiveness of urban enterprise zones. These geographically targeted tax incentives programs are widespread. But whether and to what extent these programs spur economic development is not known. The article presents an evaluation of urban enterprise zones in New Jersey in terms of costs and economic impacts, including industrial output, tax revenue, and job creation.

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1999State Enterprise Zones and Local Housing Markets 2018Evaluation of the local employment impacts of enterprise zones: A critique 2015Impacts of Enterprise Zone Policy on Industry Growth

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