Title
Simulating the Effects of Michigan's MEGA Tax Credit Program on Job Creation and Fiscal Benefits
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.
Citation
Bartik, Timothy J., and George Erickcek. 2012. "Simulating the Effects of Michigan's MEGA Tax Credit Program on Job Creation and Fiscal Benefits." Upjohn Institute Working Paper 12-185. Kalamazoo, MI: W.E. Upjohn Institute for Employment Research.
Issue Date
June 2012
Subject Areas
REGIONAL ISSUES, Business incentives, Tax incentives, Regional and urban studies, Michigan