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An Evaluation Of State Enterprise Zone Policies

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  • Robert Greenbaum
  • John Engberg

Abstract

Our analysis looks at the impact of state enterprise zones in six states (California, Florida, New Jersey, New York, Pennsylvania, and Virginia) on housing values, occupancy rates, and economic well‐being of zone residents. Zones did not lead to increased housing prices or occupancy rates, nor did they positively impact income and employment.

Suggested Citation

  • Robert Greenbaum & John Engberg, 2000. "An Evaluation Of State Enterprise Zone Policies," Review of Policy Research, Policy Studies Organization, vol. 17(2‐3), pages 29-45, June.
    • Handle: RePEc:bla:revpol:v:17:y:2000:i:2-3:p:29-45
    DOI: 10.1111/j.1541-1338.2000.tb00915.x
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    Citations

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    Cited by:

    1. O'Keefe, Suzanne, 2004. "Job creation in California's enterprise zones: a comparison using a propensity score matching model," Journal of Urban Economics, Elsevier, vol. 55(1), pages 131-150, January.
    2. Sumei Zhang, 2015. "Impacts of Enterprise Zone Policy on Industry Growth," Economic Development Quarterly, , vol. 29(4), pages 347-362, November.
    3. Meltzer, Rachel, 2012. "Understanding Business Improvement District formation: An analysis of neighborhoods and boundaries," Journal of Urban Economics, Elsevier, vol. 71(1), pages 66-78.
    4. George Galster & Kenneth Temkin & Chris Walker & Noah Sawyer, 2004. "Measuring the Impacts of Community Development Initiatives," Evaluation Review, , vol. 28(6), pages 502-538, December.
    5. Nidhi Chaudhary & Jonathan Potter, 2019. "Evaluation of the local employment impacts of enterprise zones: A critique," Urban Studies, Urban Studies Journal Limited, vol. 56(10), pages 2112-2159, August.
    6. Devon Lynch & Jeffrey S. Zax, 2011. "Incidence and Substitution in Enterprise Zone Programs: The Case of Colorado," Public Finance Review, , vol. 39(2), pages 226-255, March.
    7. Daniele Bondonio, 2003. "Do Tax Incentives Affect Local Economic Growth? What Mean Impacts Miss in the Analysis of Enterprise Zone Policies," Working Papers 03-17, Center for Economic Studies, U.S. Census Bureau.
    8. Robert T. Greenbaum, 2004. "Siting it Right: Do States Target Economic Distress When Designating Enterprise Zones?," Economic Development Quarterly, , vol. 18(1), pages 67-80, February.
    9. James H. Spencer & Paul Ong, 2004. "An Analysis of the Los Angeles Revitalization Zone: Are Place-Based Investment Strategies Effective Under Moderate Economic Conditions?," Economic Development Quarterly, , vol. 18(4), pages 368-383, November.
    10. Krupka, Douglas J. & Noonan, Douglas S., 2009. "Neighborhood Dynamics and the Housing Price Effects of Spatially Targeted Economic Development Policy," IZA Discussion Papers 4308, Institute of Labor Economics (IZA).
    11. Sumei Zhang, 2020. "Do Research Methods Matter in Enterprise Zone Outcome Evaluations?," Economic Development Quarterly, , vol. 34(3), pages 299-309, August.
    12. Bondonio, Daniele & Engberg, John, 2000. "Enterprise zones and local employment: evidence from the states' programs," Regional Science and Urban Economics, Elsevier, vol. 30(5), pages 519-549, September.
    13. Eric Amankwaah & Nicholas Mensah & Nana Okyir Baidoo, 2022. "The impact of location tax incentives on the growth of rural economy: evidence from Ghana," Future Business Journal, Springer, vol. 8(1), pages 1-19, December.
    14. Joel A. Elvery, 2009. "The Impact of Enterprise Zones on Resident Employment," Economic Development Quarterly, , vol. 23(1), pages 44-59, February.
    15. Margaret Dewar, 2013. "Paying Employers to Hire Local Workers in Distressed Places," Economic Development Quarterly, , vol. 27(4), pages 284-300, November.
    16. Krupka, Douglas J. & Noonan, Douglas S., 2009. "Empowerment Zones, neighborhood change and owner-occupied housing," Regional Science and Urban Economics, Elsevier, vol. 39(4), pages 386-396, July.
    17. Daniele Bondonio & Robert T. Greenbaum, 2003. "A comparative evaluation of spacially targeted economic revitalization programs in the European Union and the United States," ICER Working Papers 03-2003, ICER - International Centre for Economic Research.
    18. Corinth, Kevin & Feldman, Naomi E., 2022. "The Impact of Opportunity Zones on Commercial Investment and Economic Activity," IZA Discussion Papers 15247, Institute of Labor Economics (IZA).
    19. Sumei Zhang, 2019. "Rethinking U.S. enterprise zones: The role of research design in program evaluation," Local Economy, London South Bank University, vol. 34(6), pages 545-571, September.
    20. Anita Yadavalli, 2017. "The Effect of Enterprise Zone-Related Tax Savings on Economic Development: A Generalized Propensity Score Approach," Review of Economics & Finance, Better Advances Press, Canada, vol. 10, pages 83-96, November.

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