2022
DOI: 10.52324/001c.37971
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State Economic Impacts of Industrial Park Development: Evidence from Virginia’s Tobacco Region Megasite Program

Abstract: Industrial park development is commonly advocated by state and local economic developers to aid in business attraction efforts. However, there is limited evidence of its effectiveness in promoting economic growth, particularly in rural and lagging regions in comparison to other economic development tools. This paper examines the literature on the relationship between business site availability and economic development and the rationale for public sector industrial land development assistance. Results from a su… Show more

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