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I use a quantitative economic geography model to explore subsidy competition among U.S. states. I ask what motivates …-cooperative and cooperative subsidy choices and assess how far away we are from these extremes. I find that states have strong … closer to cooperative than non-cooperative subsidies but the potential losses from an escalation of subsidy competition are …
Persistent link: https://www.econbiz.de/10013027268
I use a quantitative economic geography model to explore subsidy competition among U.S. states. I ask what motivates …-cooperative and cooperative subsidy choices and assess how far away we are from these extremes. I find that states have strong … closer to cooperative than non-cooperative subsidies but the potential losses from an escalation of subsidy competition are …
Persistent link: https://www.econbiz.de/10012457691
We use a quantitative economic geography model to explore subsidy competition among U.S. states. We ask what motivates …-cooperative and cooperative subsidy choices and assess how far away we are from these extremes. We find that states have strong … are closer to cooperative than non-cooperative subsidies but the potential losses from an escalation of subsidy …
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Many American communities seek to attract or retain businesses with tax abatements, tax credits, or tax increment financing of infrastructure projects (TIFs). The evidence for 1999 indicates that communities are most likely to offer one or more of these business development incentives if their...
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