Can Tax Breaks Beat Geography? Lessons from the French Enterprise Zone Experience

被引:78
作者
Briant, Anthony [1 ]
Lafourcade, Miren [1 ]
Schmutz, Benoit [2 ]
机构
[1] Paris Sch Econ, F-75014 Paris, France
[2] Howard Univ, Washington, DC 20059 USA
关键词
PLACE BASED POLICIES; SPATIAL MISMATCH; UNEMPLOYMENT; INCENTIVES; MARKETS; WORKERS; SEARCH; STATES;
D O I
10.1257/pol.20120137
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper shows that urban geography matters to the effectiveness of place-based policies, using the French enterprise zone program as a case study. Whereas this program created more jobs in spatially integrated neighborhoods, its impact on local wages was only visible in the more isolated ones. In addition, a focus on the average impact of the program would lead to the conclusion that it mostly succeeded in displacing preexisting firms, but a lower level of spatial isolation was a clear determinant of the decision to create new firms from scratch.
引用
收藏
页码:88 / 124
页数:37
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