Making sense of incentives taming business incentives to promote prosperity
"In evaluating incentives, everything depends on the details: how much in incentives it takes to truly cause a firm to locate or expand, the multiplier effects, the effects of jobs on employment rates, how jobs affect tax revenue versus public spending needs. Do benefits of incentives exceed co...
| Otros Autores: | |
|---|---|
| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
Kalamazoo, Michigan :
W.E. Upjohn Institute for Employment Research
[2019]
|
| Edición: | 1st ed |
| Colección: | WEfocus Series
|
| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009421988106719 |
Tabla de Contenidos:
- Cover
- Title
- Copyright
- Contents
- Acknowledgments
- Preface
- 1 Why Incentives Are Tempting but Problematic
- What We Talk about When We Talk about Incentives
- Why Job Growth?
- Why Targeted Incentives? Political Reasons
- Why Targeted Incentives? Economic Rationale
- Wasteful Incentives
- Evaluating Incentives
- 2 A Description of Business Incentives
- Incentive Trends
- Incentives Today
- How Large Are Incentives?
- Which Firms Get Incentives?
- Do Incentives Target Needy Areas?
- Long-Term Incentives
- Understanding Incentives
- 3 Multipliers and Leakages: How to Think about Incentives
- Multipliers and Spillovers
- Leakages and Negative Feedbacks
- Key Factors Affecting Incentive Benefits
- Differences from Usual Incentive Models
- The Devil Is in the Details
- 4 Improving Incentives: What Can Policymakers Do?
- The Baseline Model
- Why Average Incentives Have Benefits Close to Costs
- Average Incentives Are Dominated by Better Policies
- Better Incentive Policies
- 5 Are My State's Incentives Working? Practical Evaluation Strategies for Incentive Programs
- Use a Model
- Evaluating Job Creation Effects on Incented Firms: The Selection Bias Challenge
- Overcoming Selection Bias
- Surveys
- Applying National Studies to State-Specific Incentives
- What Should an Evaluator Do?
- We Already Know Something about Ideal Policies
- 6 An Ideal State Incentive Program, Taking Account of 89
- Principles
- An Ideal Program
- Possible Questions, with Responses
- The State Perspective vs. the National Perspective
- 7 The National Interest: What Should the Federal Government Do about State and Local Incentives?
- Is State and Local Competition for Jobs a Zero-Sum Game?
- Customized Business Services Can Make the National Economic Pie Bigger.
- Targeting Distressed Areas Can Make the National Economic Pie Bigger and Help the Nonemployed
- Targeting High-Tech Clusters Can Make the National Economy More Productive by Augmenting Agglomeration Economies
- Rejoining the Real World: Actual Incentive Practice Is Unlikely to Have Net National Benefits
- A Simple Solution
- Balancing State Sovereignty with National Interests
- A National Proposal
- Moving on from the Ideal
- 8 A Practical Path Forward
- Transparency
- Evaluation
- Alternatives
- A Full-Employment Economy
- The Baby and the Bathwater
- Notes
- References
- Author
- Index
- About the Institute
- Back Cover.
