Rural Enterprise Zones in Theory and Practice: An Assessment of Their Development Potential
Richard J. Reeder
No 278690, Staff Reports from United States Department of Agriculture, Economic Research Service
Abstract:
State enterprise zone programs use tax incentives and other forms of assistance to encourage business development in distressed areas. Research suggests that enterprise zones have been fairly successful in generating jobs, and the cost per job created appears reasonable when compared with other job creation programs. Although enterprise zones may not be appropriate for all rural areas, most rural zones appear to be doing as well as or better than urban zones in creating jobs. Zone performance might be improved by screening out potentially unproductive zones, by providing more hands-on technical assistance, and by modifying program incentives.
Keywords: Community/Rural/Urban Development; Public Economics (search for similar items in EconPapers)
Pages: 58
Date: 1993-03
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Citations: View citations in EconPapers (3)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uerssr:278690
DOI: 10.22004/ag.econ.278690
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