| 来源类型 | Working Paper
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| 规范类型 | 报告
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| DOI | 10.3386/w3945
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| 来源ID | Working Paper 3945
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| Tax Policy and Urban Development: Evidence From The Indiana Enterprise Zone Program |
| Leslie E. Papke
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| 发表日期 | 1991-12-01
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| 出版年 | 1991
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| 语种 | 英语
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| 摘要 | In the last decade, most states have targeted certain depressed areas for revitalization by providing a combination of labor and capital tax incentives to firms operating in the "enterprise zone" (EZ). Despite the large number of state initiatives, and the frequent re-introduction of federal EZ legislation, there have been few statistical analyses of the effect of EZs apart from surveys of plan administrators. This paper analyzes the effect of the Indiana EZ program on local employment and investment using a panel of local taxing jurisdictions. In 1988, the direct budgetary costs of the Indiana program totaled over $11 million, averaging $13,933 per participating firm, $4,564 per new job, and $31,113 per new zone resident job. I estimate that zone designation initially reduces the value of depreciable personal property by about 13 percent, but also reduces unemployment claims in the zone and surrounding community by 19 percent. Both estimates are statistically significant. The value of inventories in Indiana zones is 8 percent higher than it otherwise would be, and the estimated effect is marginally statistically significant. |
| 主题 | Subnational Fiscal Issues
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| URL | https://www.nber.org/papers/w3945
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| 来源智库 | National Bureau of Economic Research (United States)
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| 引用统计 |
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/561283
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推荐引用方式
GB/T 7714 |
Leslie E. Papke. Tax Policy and Urban Development: Evidence From The Indiana Enterprise Zone Program. 1991.
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文件名：
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w3945.pdf
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格式：
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Adobe PDF
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