State governments in the United States have been increasingly using business incentives such as grants and tax … model using firm-level data on accepted incentives augmented with data on state attributes. To learn about state valuations … states and firms is mostly zero, as firm location choices are relatively unresponsive to incentives, which become government …

I estimate the impacts of recently-popular U.S. state film incentives on filming location, film industry employment …, wages, and establishments, and spillover impacts on related industries. I compile a detailed database of incentives … outcomes in states before and after they adopt incentives, relative to similar states that did not adopt incentives over the …

I estimate the impacts of recently-popular U.S. state film incentives on filming location, film industry employment …, wages, and establishments, and spillover impacts on related industries. I compile a detailed database of incentives … outcomes in states before and after they adopt incentives, relative to similar states that did not adopt incentives over the …

Recent years have seen an unprecedented increase in the provision of R&D tax incentives. A growing empirical literature … suggests that R&D tax incentives are instrumental in raising domestic R&D activity. In policy debates this finding is often … interpreted to lend support to the notion that R&D tax incentives increase national welfare by internalizing knowledge spillovers …

We examine the role of political connections in US state government-awarded corporate economic incentives, and whether …-serving. Although equity investors react more positively to announcements of incentives awarded to politically connected companies … incentives awarded to politically connected firms are a less effective allocation of taxpayer funds …