The Impact of Enterprise Zones on Job Creation in Mississippi

The Impact of Enterprise Zones on Job Creation in Mississippi

The designation of enterprise zones has been touted as an effective tool in efforts to reduce poverty, but scant evidence exists to support this. In 1983, Mississippi passed legislation authorizing the creation of enterprise zones in the most distressed counties of the state as a way of directing ne...

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Veröffentlicht in:Contemporary economic policy 2005-04, Vol.23 (2), p.255-260
Hauptverfasser: Couch, Jim F., Atkinson, Keith E., Smith, Lewis H.
Format: Artikel
Sprache:eng
Schlagworte:
Data analysis
Economic aspects
Economic development
Economic geography
Economic models
Economic policy
Empirical research
Employees
Employment
Employment creation
Enterprise zones
Forecasts and trends
Industrial development
Job creation
Labour market structure
Legislation
Location of enterprises
Location of industry
Manufacturing
Market trend/market analysis
Mississippi
Policy studies
Poverty
Regional economics
Studies
Tax cuts
Tax incentives
U.S.A
Welfare
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Beschreibung
Zusammenfassung:The designation of enterprise zones has been touted as an effective tool in efforts to reduce poverty, but scant evidence exists to support this. In 1983, Mississippi passed legislation authorizing the creation of enterprise zones in the most distressed counties of the state as a way of directing new jobs toward those areas. This study examines the effect of enterprise zone designation on the creation of jobs in new or expanding manufacturing establishments. Using a model estimated from panel data, the study found that qualifying as an enterprise zone had a positive effect on a county's rate of job creation. (JEL O180, H710)
ISSN:1074-3529
1465-7287
DOI:10.1093/cep/byi019