{"title":"Economic Development Strategies: Taxes, Incentives, and Public Expenditures","authors":"Carlianne Patrick","doi":"10.52324/001c.87670","DOIUrl":null,"url":null,"abstract":"Economic development strategies may include tax, incentive, and public expenditure policies. Budget-constrained state and local governments must make tradeoffs when determining the final mix of economic development and other public policies each year. In this paper, I first provide descriptive evidence on economic development policy tradeoffs. I then classify economic development strategies and relate them to real GDP per capita growth.","PeriodicalId":44865,"journal":{"name":"Review of Regional Studies","volume":null,"pages":null},"PeriodicalIF":0.6000,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Review of Regional Studies","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.52324/001c.87670","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"ECONOMICS","Score":null,"Total":0}
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Abstract
Economic development strategies may include tax, incentive, and public expenditure policies. Budget-constrained state and local governments must make tradeoffs when determining the final mix of economic development and other public policies each year. In this paper, I first provide descriptive evidence on economic development policy tradeoffs. I then classify economic development strategies and relate them to real GDP per capita growth.
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