Smart Place‐based Policies Can Improve Local Labor Markets

Bartik, Timothy J.

doi:10.1002/pam.22224

Cited by 2 publications

(2 citation statements)

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“…Nonetheless, our evidence, as it stands, buttresses the generally negative assessments of the effects of enterprise zones. One reaction is to view this article as one more “nail in the coffin” of enterprise zones, and to conclude that we need to look for alternative place-based policies, perhaps at a more aggregate labor market level (as argued by Bartik, 2020), or simply rely on people-based policies that offer benefits and credits based on individual or family characteristics rather than location characteristics. However, Neumark (2018) also argued that it may be possible to draw on lessons from research on enterprise zones, hiring credits, alternative policies, and labor market networks, to develop more effective enterprise zones.…”

Section: Discussionmentioning

confidence: 99%

Heterogeneous Effects of State Enterprise Zone Programs in the Shorter Run and Longer Run

Neumark

Young

2021

Economic Development Quarterly

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The authors take up two questions that have not been explored in research on enterprise zones. First, does a considerably longer-run perspective on the effects of state enterprise zones lead to different answers? And second, are there heterogeneous effects of enterprise zones that depend on the set of incentives these programs offer, which can vary widely? The results indicate that whether state enterprise zone programs were observed through a longer-term lens, or through the lens of program heterogeneity, the authors generally did not find any consistent indication of beneficial effects of state enterprise zone programs; if anything, the longer-run effects are negative. The lack of positive effects is consistent with most of the prior evidence that focuses on effects that are short term and homogeneous.

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Section: Discussionmentioning

confidence: 99%

Heterogeneous Effects of State Enterprise Zone Programs in the Shorter Run and Longer Run

Neumark

Young

2021

Economic Development Quarterly

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“…In a recent dialogue, Bartik (2020a), economist David Neumark (2020) agreed capital subsidies to businesses or investors are not effective. Neumark noted that there's little evidence that subsidies even create jobs to begin with, so their costs may be higher than recognized since there's little or no employment income or tax revenue generated from the government outlay.…”

Section: Policy In Regionsmentioning

confidence: 99%

Policy, Empirical Analysis, and Equity: Challenges for Research

McGahey

2022

Economic Development Quarterly

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Regional economic development research must engage with empirical questions and policy evaluations and America's underlying anti-urban bias, which shapes American cities and policy. Standard mathematical microeconomic-founded models are a limited guide to analysis and interpretation; empirical work should consider other disciplines in addition to diverse economic perspectives. Underlying structural factors may be difficult to analyze but need attention, including federal and state hostility to cities, fragmented metropolitan forms that maldistribute urban economic output, and structural racism's impact on economies, housing, and labor markets. Doing strong empirical work while de-emphasizing theory building seems the best way to proceed.

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Smart Place‐based Policies Can Improve Local Labor Markets

Cited by 2 publications

References 15 publications

Heterogeneous Effects of State Enterprise Zone Programs in the Shorter Run and Longer Run

Heterogeneous Effects of State Enterprise Zone Programs in the Shorter Run and Longer Run

Policy, Empirical Analysis, and Equity: Challenges for Research

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