Bidding for Business: The Efficacy of Local Economic Development Incentives in a Metropolitan Area

Authors

John E. Anderson, University of Nebraska, Lincoln
Robert W. Wassmer, California State University, Sacramento

Publication Date

1-1-2000

DOI

10.17848/9780585313610

Abstract

Anderson and Wassmer examine the use and effectiveness of local economic development incentives within a specific region, the Detroit metropolitan area. The Detroit area serves as a good example, they say, because of the area's 20-plus year track record of its communities offering the gamut of economic incentives aimed at redirecting economic activity and jobs. The evidence they uncover reveals factors that drive cities not just in this Southeast Michigan area, but nationwide to offer particular types of incentives that are more or less generous than those offered by their neighbors.

Files

Contents

1. Local Economic Development Incentives in the United States
2. Evidence on the Influence of Local Economic Development Incentives
3. Local Incentive Programs and Spatial Mismatch in Metropolitan Detroit
4. A Model for Development Incentives in a Metropolitan Area
5. Empirical Results
6. Summary and Policy Recommendations

Afterword

Appendix 1-Regression Identification

Appendix 2-Regression Results

ISBN

9780880992022 (cloth) ; 9780880992015 (pbk.) ; 9780585313610 (ebook)

Subject Areas

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