Year

2012

Series

Upjohn Institute working paper ; 12-185

Abstract

This paper simulates job and fiscal impacts of Michigan’s MEGA tax credit program for job creation. Under plausible assumptions about how such credits affect business location decisions, the net costs per job created of the MEGA program are simulated to be of modest size. The job creation impacts of MEGA are simulated to be considerably larger than devoting similar dollar resources to general business tax cuts. The simulation methodology developed here is applicable to incentives in other states.

Issue Date

June 2012

Subject Areas

ECONOMIC DEVELOPMENT; Regional policy and planning; Business and tax incentives; Michigan studies

Share

COinS