The Failures of Economic Development Incentives

Peters, Alan; Fisher, Peter

doi:10.1080/01944360408976336

Cited by 200 publications

(163 citation statements)

References 27 publications

(37 reference statements)

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“…These issues clearly make the evaluation of EZ programs a key but intricate empirical matter and explain the relatively abundant and mixed literature on the topic (see Peters and Fisher, 2004, and Hirasuna and Michael, 2005, for recent surveys). The main usual challenge in such evaluations is to address selection issues in the designation of areas and this requires resorting to quasi-experimental techniques using panel data for instance to control for local unobserved heterogeneity as in the present paper.…”

Section: A Brief Survey Of Recent Evaluationsmentioning

confidence: 99%

Do unemployed workers benefit from enterprise zones? The French experience

Gobillon

Magnac

Selod

2012

Journal of Public Economics

111

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. www.econstor.eu Terms of use: Documents in D I S C U S S I O N P A P E R S E R I E S ABSTRACT Do Unemployed Workers Benefit from Enterprise Zones? The French ExperienceThis paper presents an impact evaluation of the French enterprise zone program which was initiated in 1997 to help unemployed workers find employment by granting a significant wagetax exemption (about one third of total labor costs) to firms hiring at least 20% of their labor force locally. Drawing from a unique geo-referenced dataset of unemployment spells in the Paris region over an extensive period of time (1993)(1994)(1995)(1996)(1997)(1998)(1999)(2000)(2001)(2002)(2003), we are able to measure the direct effect of the program on unemployment duration, distinguishing between short-and mediumterm effects. This is done by implementing an original two-stage empirical strategy using individual data in the first stage and aggregate data and conditional linear matching techniques in the second stage. We show that although the enterprise zones program tended to "pick winners", it is likely to be cost-ineffective. It had a small but significant effect on the rate at which unemployed workers find a job (which is increased by a modest 3 percent). This effect is localized and significant only in the short run (i.e. at best during the 3 years that follow the start of the policy).JEL Classification: C21, J60, J68, R58

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Section: A Brief Survey Of Recent Evaluationsmentioning

confidence: 99%

Do unemployed workers benefit from enterprise zones? The French experience

Gobillon

Magnac

Selod

2012

Journal of Public Economics

111

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“…(1989,214) Given this framing of social problems as economic problems, many social scientists and community organizers would likely accept privatism as an appropriate solution to urban ills if proven effective. Unfortunately, a wealth of literature demonstrates that public subsidy of private development projects in the name of urban economic development have done little, if anything, to help the residents of distressed communities who are promised a great deal at the onset of such partnerships (Peters and Fisher 2004;Barnekov and Rich 1989). Further, Barnekov and Rich concluded that all the fundamental assumptions underlying public-private partnerships are false or greatly exaggerated.…”

Section: Equitable Developmentmentioning

confidence: 99%

“…Without the ONE DC community benefits agreement attached to the Progression Place project, over $20 million of public money would have been invested with no assurance that neighborhood or city residents would benefit. As the literature suggests, cities continue to pursue private public partnerships in the name of economic development despite evidence that such projects often fail to benefit residents (Barnekov and Rich, 1989;Peters and Fisher, 2004). In the case of Progression Place, the Council of the District of Columbia provided substantial subsidies despite concerns that a development anchored by a nonprofit organization, apartments, and small retail outlets would not be able to quickly generate tax revenue to match the initial investment (Neibauer 2012).…”

Section: A Response To the Tradition Of Privatismmentioning

confidence: 99%

Equitable Development Movement: A Progressive Response to the Urban Redevelopment Landscape Nationwide and in Washington, DC’s Shaw Community

Sablich¹

2013

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“…These are all benefits that are not necessarily available to domestic companies or organisations outside of the IDZ. On a cautious note, the role of IDZ's in national development have long been contested (Peters and Fisher, 2004;Wilder and Rubin, 1996) with histories, in various countries, of providing little return (other than much valued employment opportunities) after these many exemptions and services have been made or provided.…”

Section: South African Perspectives On the Prcmentioning

confidence: 99%

‘With those views, you should work for the Communist Party of China’: challenging Western knowledge production on China-Africa relations

O'Brien¹

2016

AEAA

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China's relations with the African continent continues to be misrepresented within the Western (North American and European) academe. This is due, in part, to the methodological and epistemological assumptions underpinning many research agendas. These agendas are founded upon a range of histories, theories and frameworks that have been produced in the West, by the West, and for a particular end -within a particular location, or, event.This paper brings forward some original empirical data -from five months field research in South Africa which questioned power and agency (participation and selfdetermination) in response to Chinese Development assistance -to support, and bring into conversation, emerging literatures which focus upon the 'uneven production of knowledge' on and about China. It works with critiques of historicism and emerging concepts such as Sinological-orientalism and Sinologism, to explain how the continued measuring and representation of China through Western concepts, 73

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The Failures of Economic Development Incentives

Cited by 200 publications

References 27 publications

Do unemployed workers benefit from enterprise zones? The French experience

Do unemployed workers benefit from enterprise zones? The French experience

Equitable Development Movement: A Progressive Response to the Urban Redevelopment Landscape Nationwide and in Washington, DC’s Shaw Community

‘With those views, you should work for the Communist Party of China’: challenging Western knowledge production on China-Africa relations

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