|
|
Stephen M. Kosovich |
|
''Employment impact of local economic development incentives: the case of Texas economic development corporations'' |
( 2019, Vol. 39 No.3 ) |
|
|
Texas allows cities to create economic development corporations that are funded using local sales tax revenues. Over time, many cities have used these corporations to fund a broad range of economic development projects. This study examines whether these corporations can be linked to any change in employment and/or unemployment in the adopting cities. Using a panel of data for Texas cities, there is limited evidence for an association between corporation adoption and labor market conditions. |
|
|
Keywords: economic development theory; unemployment; job creation; development incentives |
JEL: H7 - State and Local Government; Intergovernmental Relations: General R1 - General Regional Economics (includes Regional Data) |
|
Manuscript Received : Jun 06 2018 | | Manuscript Accepted : Jul 23 2019 |
|