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A Transatlantic Comparison of Enterprise Zone Impacts: The British and American Experience

Author

Listed:
  • Barry M. Rubin

    (Indiana University)

  • Craig M. Richards

    (Indiana University)

Abstract

Since the late 1970s, over 20 enterprise zones have been designated and are operating in Great Britain. In the United States, over 35 states have implemented an enterprise zone program. Even though some work has been done comparing the concept of enterprise zones as implemented in the United States and the United Kingdom, no research has looked at the comparative impacts of enterprise zones in these two contexts. This article analyzes the available research on zone impacts, and concludes that the U.K. zones have been largely unsuccessful in meeting program goals. In contrast, some of the state-sponsored zones in the United States have achieved a moderate degree of success. The article specifies several primary factors that help explain the moderate success of these U.S. zones. The absence of these factors in the U.K. program's structure and implementation appears to be the major determinant of the failure of the British zones.

Suggested Citation

  • Barry M. Rubin & Craig M. Richards, 1992. "A Transatlantic Comparison of Enterprise Zone Impacts: The British and American Experience," Economic Development Quarterly, , vol. 6(4), pages 431-443, November.
    • Handle: RePEc:sae:ecdequ:v:6:y:1992:i:4:p:431-443
    DOI: 10.1177/089124249200600409
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    Cited by:

    1. Raphael W. Bostic & Allen C. Prohofsky, 2006. "Enterprise Zones and Individual Welfare: A Case Study of California," Journal of Regional Science, Wiley Blackwell, vol. 46(2), pages 175-203, May.
    2. Benjamin Austin & Edward Glaeser & Lawrence Summers, 2018. "Jobs for the Heartland: Place-Based Policies in 21st-Century America," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 49(1 (Spring), pages 151-255.
    3. Peter S. Fisher, 1997. "Tax and spending incentives and enterprise zones," New England Economic Review, Federal Reserve Bank of Boston, issue Mar, pages 109-138.
    4. Smętkowski, Maciej, 2002. "Polish special economic zones as an instrument of regional and industrial policy," MPRA Paper 39184, University Library of Munich, Germany.

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