Introduction [to State Enterprise Zone Programs]

Peter Fisher

95 citations0/0 files storedUpjohn Research (W.E. Upjohn Institute for Employment Research)

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Economic Zones and Regional Development Regional Economics and Spatial Analysis Corporate Taxation and Avoidance

Abstract

Peters and Fisher evaluate 75 EZs located in 13 states to gain an understanding of the overall effectiveness of state enterprise zones. Faced with a paucity of data on EZs that could be used in standard economic analysis, the authors employ a hypothetical firm model in which they apply various EZ and non-EZ incentives to financial statements created for a set of "typical" firms. Observing the impacts of both types of incentives on firms' financial statements allow Peters and Fisher to predict the firms' resulting behavior. Between these findings and the data accumulated from actual EZs, they are able to offer insights on seven key policy issues.

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References

1990Econometric Models and Economic Forecasts 1968Housing Segregation, Negro Employment, and Metropolitan Decentralization 1979The Job Generation Process 1993The Causes of Metropolitan Suburbanization 1992The Spatial Mismatch Hypothesis: Three Decades Later 1973The translog function and the substitution of equipment, structures, and labor in U.S. manufacturing 1929-68 1998The spatial mismatch hypothesis: A review of recent studies and their implications for welfare reform 1991The Spatial Mismatch Hypothesis: What Has the Evidence Shown?

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2008Spatial mismatch or racial mismatch?2003Local Economic Development Policies 2006A New Way of Revitalizing Distressed Urban Communities? Assessing the Impact of the Federal Empowerment Zone Program 2008Do Enterprise Zones Work?2009Do some enterprise zones create jobs?2010Incidence and Substitution in Enterprise Zone Programs: The Case of Colorado

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