Relocation Subsidies: Regional Growth Policy or Corporate Welfare?

Richard M. Vogel
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Richard M. Vogel: Department of History, Economics, and Politics, State University of New York at Farmingdale, Farmingdale NY 11735 vogelrm@farmingdale.edu

Review of Radical Political Economics, 2000, vol. 32, issue 3, 437-447

Abstract: Relocation subsidies in the form of property tax abatements, subsidized construction bonds, or the outright provision of land, buildings, and other services, are being offered in increasing frequency as a lure to keep old firms from moving out of a city or region as well as to attract new firms and industry into the region. For a community, these incentives are typically a strategic response to the issue of retaining and creating jobs against the threat of firms locating or relocating to competing communities.

Keywords: Regional economics; Subsidies to firms; Jobs (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:32:y:2000:i:3:p:437-447

DOI: 10.1177/048661340003200309

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