Employment impact of local economic development incentives: the case of Texas economic development corporations

Stephen Kosovich

Economics Bulletin, 2019, vol. 39, issue 3, 1808-1816

Abstract: Texas allows cities to create economic development corporations that are funded using local sales tax revenues. Over time, many cities have used these corporations to fund a broad range of economic development projects. This study examines whether these corporations can be linked to any change in employment and/or unemployment in the adopting cities. Using a panel of data for Texas cities, there is limited evidence for an association between corporation adoption and labor market conditions.

Keywords: economic development theory; unemployment; job creation; development incentives (search for similar items in EconPapers)
JEL-codes: H7 R1 (search for similar items in EconPapers)
Date: 2019-07-23
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