State Business Incentives And Economic Growth
DOWNLOAD
Download State Business Incentives And Economic Growth PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get State Business Incentives And Economic Growth book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
State Business Incentives And Economic Growth
DOWNLOAD
Author : Roger Wilson
language : en
Publisher:
Release Date : 1989
State Business Incentives And Economic Growth written by Roger Wilson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Business & Economics categories.
Making Sense Of Incentives
DOWNLOAD
Author : Timothy J. Bartik
language : en
Publisher: W.E. Upjohn Institute
Release Date : 2019-10-15
Making Sense Of Incentives written by Timothy J. Bartik and has been published by W.E. Upjohn Institute this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-10-15 with Political Science categories.
Bartik provides a clear and concise overview of how state and local governments employ economic development incentives in order to lure companies to set up shop—and provide new jobs—in needy local labor markets. He shows that many such incentive offers are wasteful and he provides guidance, based on decades of research, on how to improve these programs.
Tax Incentives And Economic Growth
DOWNLOAD
Author : Barry P. Bosworth
language : en
Publisher: Brookings Institution Press
Release Date : 2011-08-01
Tax Incentives And Economic Growth written by Barry P. Bosworth and has been published by Brookings Institution Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-08-01 with Business & Economics categories.
The sharp decline in U.S. productivity growth in the 1970s has brought about a renewed interest in economic policies to expand aggregate supply. Particular importance has been given to the role played by government intervention in the form of taxes, transfer payments, and regulation. This volume asks just what is known about the effect of government policy on the productive capacity of the nation. It also looks at the role played by capital formation, technological change, and the quality of the work force.
Taxes And Growth
DOWNLOAD
Author : Michael Kieschnick
language : en
Publisher: Council of State Policy & Planning Agencies
Release Date : 1981
Taxes And Growth written by Michael Kieschnick and has been published by Council of State Policy & Planning Agencies this book supported file pdf, txt, epub, kindle and other format this book has been release on 1981 with Business & Economics categories.
Incentives For Economic Growth
DOWNLOAD
Author : United States. Congress. Senate. Committee on Finance. Subcommittee on Taxation and Debt Management Generally
language : en
Publisher:
Release Date : 1977
Incentives For Economic Growth written by United States. Congress. Senate. Committee on Finance. Subcommittee on Taxation and Debt Management Generally and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1977 with Taxation categories.
Bidding For Business
DOWNLOAD
Author : William Schweke
language : en
Publisher:
Release Date : 1994
Bidding For Business written by William Schweke and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Business & Economics categories.
Rethinking Investment Incentives
DOWNLOAD
Author : Ana Teresa Tavares-Lehmann
language : en
Publisher: Columbia University Press
Release Date : 2016-07-12
Rethinking Investment Incentives written by Ana Teresa Tavares-Lehmann and has been published by Columbia University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-07-12 with Business & Economics categories.
Governments often use direct subsidies or tax credits to encourage investment and promote economic growth and other development objectives. Properly designed and implemented, these incentives can advance a wide range of policy objectives (increasing employment, promoting sustainability, and reducing inequality). Yet since design and implementation are complicated, incentives have been associated with rent-seeking and wasteful public spending. This collection illustrates the different types and uses of these initiatives worldwide and examines the institutional steps that extend their value. By combining economic analysis with development impacts, regulatory issues, and policy options, these essays show not only how to increase the mobility of capital so that cities, states, nations, and regions can better attract, direct, and retain investments but also how to craft policy and compromise to ensure incentives endure.
Rethinking Property Tax Incentives For Business
DOWNLOAD
Author : Daphne A. Kenyon
language : en
Publisher:
Release Date : 2012
Rethinking Property Tax Incentives For Business written by Daphne A. Kenyon and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Electronic books categories.
The use of property tax incentives for business by local governments throughout the United States has escalated over the last 50 years. While there is little evidence that these tax incentives are an effective instrument to promote economic development, they cost state and local governments $5 to $10 billion each year in forgone revenue. Three major obstacles can impede the success of property tax incentives as an economic development tool. First, incentives are unlikely to have a significant impact on a firm's profitability since property taxes are a small part of the total costs for most businesses--averaging much less than 1 percent of total costs for the U.S. manufacturing sector. Second, tax breaks are sometimes given to businesses that would have chosen the same location even without the incentives. When this happens, property tax incentives merely deplete the tax base without promoting economic development. Third, widespread use of incentives within a metropolitan area reduces their effectiveness, because when firms can obtain similar tax breaks in most jurisdictions, incentives are less likely to affect business location decisions. This report reviews five types of property tax incentives and examines their characteristics, costs, and effectiveness: property tax abatement programs; tax increment finance; enterprise zones; firm-specific property tax incentives; and property tax exemptions in connection with issuance of industrial development bonds. Alternatives to tax incentives should be considered by policy makers, such as customized job training, labor market intermediaries, and business support services. State and local governments also can pursue a policy of broad-based taxes with low tax rates or adopt split-rate property taxation with lower taxes on buildings than land.State policy makers are in a good position to increase the effectiveness of property tax incentives since they control how local governments use them. For example, states can restrict the use of incentives to certain geographic areas or certain types of facilities; publish information on the use of property tax incentives; conduct studies on their effectiveness; and reduce destructive local tax competition by not reimbursing local governments for revenue they forgo when they award property tax incentives.Local government officials can make wiser use of property tax incentives for business and avoid such incentives when their costs exceed their benefits. Localities should set clear criteria for the types of projects eligible for incentives; limit tax breaks to mobile facilities that export goods or services out of the region; involve tax administrators and other stakeholders in decisions to grant incentives; cooperate on economic development with other jurisdictions in the area; and be clear from the outset that not all businesses that ask for an incentive will receive one.Despite a generally poor record in promoting economic development, property tax incentives continue to be used. The goal is laudable: attracting new businesses to a jurisdiction can increase income or employment, expand the tax base, and revitalize distressed urban areas. In a best case scenario, attracting a large facility can increase worker productivity and draw related firms to the area, creating a positive feedback loop. This report offers recommendations to improve the odds of achieving these economic development goals.
Financing State And Local Economic Development
DOWNLOAD
Author : Michael Barker
language : en
Publisher: Duke University Press
Release Date : 1983
Financing State And Local Economic Development written by Michael Barker and has been published by Duke University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1983 with Business & Economics categories.
The contributors discuss alternative methods of financing state and local economic development, including the role of venture capital in urban development, the role of banking institutions in encouraging the growth of small business, and the place of pension funds in economic growth.
The Practice Of Industrial Policy
DOWNLOAD
Author : John Page
language : en
Publisher: Oxford University Press
Release Date : 2017
The Practice Of Industrial Policy written by John Page and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with Business & Economics categories.
Much of the information relevant to policy formulation for industrial development is held by the private sector, not by public officials. There is therefore fairly broad agreement in the development literature that some form of structured engagement, often referred to as close or strategic coordination, between the public and private sectors is needed, both to assist in the design of appropriate policies and to provide feedback on their implementation. There is less agreement on how that engagement should be structured, how its objectives should be defined, and how success should be measured. In fact, the academic literature on close coordination provides little practical guidance on how governments interested in developing a framework for government business engagement should go about doing it. The burden of this lack of guidance falls most heavily on Africa, where -- despite 20 years of growth -- lack of structural transformation has slowed job creation and the pace of poverty reduction. Increasingly, African governments are seeking to design and implement policies to encourage the more rapid growth of high productivity industries and in the process confronting the need to engage constructively with the private sector. These efforts have met with mixed results. For sustained success in structural transformation, new policies and new approaches to government-business coordination will be needed. In 2014 the Korea International Cooperation Agency and UNU-WIDER launched a joint research project on 'The Practice of Industrial Policy'. The objective of the project was to help African policy-makers develop better coordination between the public and private sectors in order to identify the constraints to faster structural transformation and to design, implement, and monitor policies to remove them. This book, written by national researchers and international experts, presents the results of that research.