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来源类型Working Paper
规范类型报告
DOI10.3386/w16096
来源IDWorking Paper 16096
Assessing the Incidence and Efficiency of a Prominent Place Based Policy
Matias Busso; Jesse Gregory; Patrick M. Kline
发表日期2010-06-17
出版年2010
语种英语
摘要This paper empirically assesses the incidence and efficiency of Round I of the federal urban Empowerment Zone (EZ) program using confidential microdata from the Decennial Census and the Longitudinal Business Database. To ground our welfare analysis, we develop a heterogeneous agent general equilibrium model in which the distortions generated by place-based policies depend upon a set of reduced form elasticities which our empirical work centers on estimating. Using rejected and future applicants to the EZ program as controls we find that EZ designation substantially increased employment in zone neighborhoods, particularly for zone residents. The program also generated wage increases for workers from zone neighborhoods worth approximately $320M per year. Based upon estimates of the number of jobs created for zone residents, we find that EZ employment credits generated deadweight costs equal to (at most) seven percent of their flow cost.
主题Econometrics ; Estimation Methods ; Public Economics ; Taxation ; Development and Growth ; Development ; Regional and Urban Economics
URLhttps://www.nber.org/papers/w16096
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/573771
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GB/T 7714
Matias Busso,Jesse Gregory,Patrick M. Kline. Assessing the Incidence and Efficiency of a Prominent Place Based Policy. 2010.
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