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Relocation Subsidies: Regional Growth Policy or Corporate Welfare?

Author

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  • Richard M. Vogel

    (Department of History, Economics, and Politics, State University of New York at Farmingdale, Farmingdale NY 11735 vogelrm@farmingdale.edu)

Abstract

Relocation subsidies in the form of property tax abatements, subsidized construction bonds, or the outright provision of land, buildings, and other services, are being offered in increasing frequency as a lure to keep old firms from moving out of a city or region as well as to attract new firms and industry into the region. For a community, these incentives are typically a strategic response to the issue of retaining and creating jobs against the threat of firms locating or relocating to competing communities.

Suggested Citation

  • Richard M. Vogel, 2000. "Relocation Subsidies: Regional Growth Policy or Corporate Welfare?," Review of Radical Political Economics, Union for Radical Political Economics, vol. 32(3), pages 437-447, September.
    • Handle: RePEc:sae:reorpe:v:32:y:2000:i:3:p:437-447
    DOI: 10.1177/048661340003200309
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    References listed on IDEAS

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