Assessing the Incidence and Efficiency of a Prominent Place Based Policy

Matias Busso, Jesse Gregory and Patrick Kline

American Economic Review, 2013, vol. 103, issue 2, 897-947

Abstract: This paper empirically assesses the incidence and efficiency of Round I of the federal urban Empowerment Zone (EZ ) program using confidential microdata from the Decennial Census and the Longitudinal Business Database. Using rejected and future applicants to the EZ program as controls, we find that EZ designation substantially increased employment in zone neighborhoods and generated wage increases for local workers without corresponding increases in population or the local cost of living. The results suggest the efficiency costs of first Round EZs were relatively modest. (JEL H26, H77, J31, R23, R58)

JEL-codes: H26 H77 J31 R23 R58 (search for similar items in EconPapers)
Date: 2013
Note: DOI: 10.1257/aer.103.2.897
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Citations: View citations in EconPapers (389)

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Related works:
Working Paper: Assessing the Incidence and Efficiency of a Prominent Place Based Policy (2011)
Working Paper: Assessing the Incidence and Efficiency of a Prominent Place Based Policy (2010)
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