IDEAS home Printed from https://ideas.repec.org/a/sae/urbstu/v22y1985i4p305-315.html
   My bibliography  Save this article

Chasing a Dream: The Use of Tax Abatements to Spur Urban Economic Development

Author

Listed:
  • Michael J. Wolkoff

    (Public Policy Analysis Program, University of Rochester, Rochester, New York)

Abstract

In this paper I develop a systematic framework for assessing the effectiveness of granting tax abatements to encourage urban economic development. This approach focuses upon the abatement's effect upon the firm's decision to invest and the impact of the investment upon the community. Current policy fails to take these considerations into account adequately. I use this framework to evaluate the potential revenue gain to the City of Detroit of offering variable abatement awards, and suggest a set of proposals to improve program performance.

Suggested Citation

  • Michael J. Wolkoff, 1985. "Chasing a Dream: The Use of Tax Abatements to Spur Urban Economic Development," Urban Studies, Urban Studies Journal Limited, vol. 22(4), pages 305-315, August.
  • Handle: RePEc:sae:urbstu:v:22:y:1985:i:4:p:305-315
    DOI: 10.1080/00420988520080541
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1080/00420988520080541
    Download Restriction: no

    File URL: https://libkey.io/10.1080/00420988520080541?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. William F. Fox, 1981. "Fiscal Differentials and Industrial Location: Some Empirical Evidence," Urban Studies, Urban Studies Journal Limited, vol. 18(1), pages 105-111, February.
    2. Charney, Alberta H., 1983. "Intraurban manufacturing location decisions and local tax differentials," Journal of Urban Economics, Elsevier, vol. 14(2), pages 184-205, September.
    3. Michael J. Wasylenko, 1980. "Evidence of Fiscal Differentials and Intrametropolitan Firm Relocation," Land Economics, University of Wisconsin Press, vol. 56(3), pages 339-349.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Brown, Dennis M., 1999. "Highway Investment and Rural Economic Development: An Annotated Bibliography," Miscellaneous Publications 320016, United States Department of Agriculture, Economic Research Service.
    2. Michael Wasylenko, 1997. "Taxation and economic development: the state of the economic literature," New England Economic Review, Federal Reserve Bank of Boston, issue Mar, pages 37-52.
    3. Albert Solé Ollé & Elisabet Viladecans Marsal, "undated". "Creación de empleo e impuestos municipales: evidencia empírica con datos de panel," Studies on the Spanish Economy 102, FEDEA.
    4. Sung Hoon Kang & Mark Skidmore & Laura Reese, 2015. "The Effects of Changes in Property Tax Rates and School Spending on Residential and Business Property Value Growth," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 43(2), pages 300-333, June.
    5. Rockoff, Jonah E., 2010. "Local response to fiscal incentives in heterogeneous communities," Journal of Urban Economics, Elsevier, vol. 68(2), pages 138-147, September.
    6. Janet E Kohlhase & Xiahong Ju, 2007. "Firm Location in a Polycentric City: The Effects of Taxes and Agglomeration Economies on Location Decisions," Environment and Planning C, , vol. 25(5), pages 671-691, October.
    7. Kusmin, Lorin D., 1994. "Factors Associated with the Growth of Local and Regional Economies: A Review of Selected Empirical Literature," Staff Reports 278733, United States Department of Agriculture, Economic Research Service.
    8. Thomas F. Luce JR, 1994. "Local Taxes, Public Services, and the Intrametropolitan Location of Firms and Households," Public Finance Review, , vol. 22(2), pages 139-167, April.
    9. Peddle, Michael T., 1990. "Industrial Park Location: Do Firm Characteristics Matter?," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 20(2), pages 1-11.
    10. Darin Wohlgemuth & Maureen Kilkenny, 1998. "Firm Relocation Threats and Copy Cat Costs," International Regional Science Review, , vol. 21(2), pages 139-162, August.
    11. Xavier Giroud & Joshua Rauh, 2017. "State Taxation and the Reallocation of Business Activity: Evidence from Establishment-Level Data," Working Papers 17-02, Center for Economic Studies, U.S. Census Bureau.
    12. Oscar A. Alfonso Roa, 2014. "Los desequilibrios territoriales en Colombia. Estudios sobre el sistema de ciudades y el polimetropolitanismo," Books, Universidad Externado de Colombia, Facultad de Economía, edition 1, volume 1, number 67, August.
    13. Jordi Jofre-Montseny & Albert Solé-Ollé, 2007. "Tax differentials and agglomeration economies in intraregional firm location," Working Papers XREAP2007-05, Xarxa de Referència en Economia Aplicada (XREAP), revised Jun 2007.
    14. Conroy, Tessa & Deller, Steven & Tsvetkova, Alexandra, 2016. "Regional business climate and interstate manufacturing relocation decisions," Regional Science and Urban Economics, Elsevier, vol. 60(C), pages 155-168.
    15. B Ó Huallacháin, 1990. "The Location of US Manufacturing: Some Empirical Evidence on Recent Geographical Shifts," Environment and Planning A, , vol. 22(9), pages 1205-1222, September.
    16. Tessa Conroy & Steven Deller & Alexandra Tsvetkova, 2017. "Interstate Relocation Of Manufacturers And Business Climate," Review of Urban & Regional Development Studies, Wiley Blackwell, vol. 29(1), pages 18-45, March.
    17. Adu-Gyamfi, Albert, 2020. "Planning for peri urbanism: Navigating the complex terrain of transport services," Land Use Policy, Elsevier, vol. 92(C).
    18. Deller, Steven C. & Lledo, Victor, 2002. "Local Government Taxing, Spending And Economic Growth: New Evidence For Wisconsin," Staff Papers 12665, University of Wisconsin-Madison, Department of Agricultural and Applied Economics.
    19. Kristin Kronenberg, 2013. "Firm relocations in the Netherlands: Why do firms move, and where do they go?," Papers in Regional Science, Wiley Blackwell, vol. 92(4), pages 691-713, November.
    20. Jordi Jofre Monseny & Alberto Sole Olle, 2007. "Tax Differentials and Agglomeration Economies in Intraregional Firm Location," Working Papers in Economics 180, Universitat de Barcelona. Espai de Recerca en Economia.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:urbstu:v:22:y:1985:i:4:p:305-315. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://www.gla.ac.uk/departments/urbanstudiesjournal .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.