Abstract

ABSTRACT:Despite the continued popularity of spatially targeted industrial incentives with policymakers, a growing body of scholarship assessing outcomes associated with these policies has called their effectiveness into question. However, existing studies have treated different programs as comparable entities, when programs often differ markedly among each other in incentive generosity and requirements. This article uses panel data from 2000–2004 to examine county-level employment and wage growth outcomes for Ohio’s two primary economic development incentive programs. Results indicate that not only do different incentive programs lead to different, and at times positive, outcomes, but that these outcomes also differ for firms in different industries.

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