Language:
שפה נוכחית
Making sense of incentives taming business incentives to promote prosperity
Enlarge text Shrink text- Book
"In evaluating incentives, everything depends on the details: how much in incentives it takes to truly cause a firm to locate or expand, the multiplier effects, the effects of jobs on employment rates, how jobs affect tax revenue versus public spending needs. Do benefits of incentives exceed costs? This depends on the details. This book is about those details. What magnitudes of incentive effects are plausible? How do benefits and costs vary with incentive designs? What advice can be given to evaluators? What is an ideal incentive policy? Answering these questions about incentives depends on a model of incentive effects, which this book provides"-- Provided by publisher.
| Title |
Making sense of incentives taming business incentives to promote prosperity / Timothy J. Bartik. |
|---|---|
| Edition |
1st ed. |
| Publisher |
Kalamazoo, Michigan : W.E. Upjohn Institute for Employment Research |
| Creation Date |
[2019 |
| Content |
Cover -- Title -- Copyright -- Contents -- Acknowledgments -- Preface -- 1 Why Incentives Are Tempting but Problematic -- What We Talk about When We Talk about Incentives -- Why Job Growth? -- Why Targeted Incentives? Political Reasons -- Why Targeted Incentives? Economic Rationale -- Wasteful Incentives -- Evaluating Incentives -- 2 A Description of Business Incentives -- Incentive Trends -- Incentives Today -- How Large Are Incentives? -- Which Firms Get Incentives? -- Do Incentives Target Needy Areas? -- Long-Term Incentives -- Understanding Incentives -- 3 Multipliers and Leakages: How to Think about Incentives -- Multipliers and Spillovers -- Leakages and Negative Feedbacks -- Key Factors Affecting Incentive Benefits -- Differences from Usual Incentive Models -- The Devil Is in the Details -- 4 Improving Incentives: What Can Policymakers Do? -- The Baseline Model -- Why Average Incentives Have Benefits Close to Costs -- Average Incentives Are Dominated by Better Policies -- Better Incentive Policies -- 5 Are My State's Incentives Working? Practical Evaluation Strategies for Incentive Programs -- Use a Model -- Evaluating Job Creation Effects on Incented Firms: The Selection Bias Challenge -- Overcoming Selection Bias -- Surveys -- Applying National Studies to State-Specific Incentives -- What Should an Evaluator Do? -- We Already Know Something about Ideal Policies -- 6 An Ideal State Incentive Program, Taking Account of 89 -- Principles -- An Ideal Program -- Possible Questions, with Responses -- The State Perspective vs. the National Perspective -- 7 The National Interest: What Should the Federal Government Do about State and Local Incentives? -- Is State and Local Competition for Jobs a Zero-Sum Game? -- Customized Business Services Can Make the National Economic Pie Bigger. Targeting Distressed Areas Can Make the National Economic Pie Bigger and Help the Nonemployed -- Targeting High-Tech Clusters Can Make the National Economy More Productive by Augmenting Agglomeration Economies -- Rejoining the Real World: Actual Incentive Practice Is Unlikely to Have Net National Benefits -- A Simple Solution -- Balancing State Sovereignty with National Interests -- A National Proposal -- Moving on from the Ideal -- 8 A Practical Path Forward -- Transparency -- Evaluation -- Alternatives -- A Full-Employment Economy -- The Baby and the Bathwater -- Notes -- References -- Author -- Index -- About the Institute -- Back Cover. |
| Series |
WEfocus Series |
| Extent |
1 online resource (180 pages). |
| Language |
English |
| Copyright Date |
©2019 |
| National Library system number |
997010706508705171 |
MARC RECORDS
Have more information? Found a mistake?
