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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

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