Download or read book Effectiveness of Enterprise Zones written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 1992 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book State Enterprise Zone Programs written by Alan H. Peters and published by W.E. Upjohn Institute. This book was released on 2002 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Enterprise zones have been part of American urban policy for over 20 years. In this book, the authors (urban and regional planning, the University of Iowa) use a hypothetical firm methodology to measure the value of enterprise zone incentives to business, involving construction of a set of financial statements for typical firms and application of tax code and incentives to those firms. They briefly discuss this model (with technical information on the model included in an appendix), and look at the results of enterprise zone programs in place in 13 states. Annotation copyrighted by Book News, Inc., Portland, OR

Download or read book Enterprise Zones written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Economic Stabilization and published by . This book was released on 1992 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Enterprise Zones the Concept written by United States. Congress. Joint Economic Committee. Subcommittee on Monetary and Fiscal Policy and published by . This book was released on 1982 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Enterprise Zones written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Economic Stabilization and published by . This book was released on 1982 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book A Review of the Role and Impact of Export Processing Zones written by Dorsati Madani and published by World Bank Publications. This book was released on 2003 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: As instruments for encouraging economic development, export processing zones have only limited usefulness. A better policy choice is general liberalization of a country's economy.

Download or read book Urban Enterprise Zones written by United States. Congress. Senate. Committee on Finance. Subcommittee on Savings, Pensions, and Investment Policy and published by . This book was released on 1981 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Enterprise Zones written by United States. General Accounting Office and published by . This book was released on 1988 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Rethinking Property Tax Incentives for Business written by Daphne A. Kenyon and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The use of property tax incentives for business by local governments throughout the United States has escalated over the last 50 years. While there is little evidence that these tax incentives are an effective instrument to promote economic development, they cost state and local governments $5 to $10 billion each year in forgone revenue. Three major obstacles can impede the success of property tax incentives as an economic development tool. First, incentives are unlikely to have a significant impact on a firm's profitability since property taxes are a small part of the total costs for most businesses--averaging much less than 1 percent of total costs for the U.S. manufacturing sector. Second, tax breaks are sometimes given to businesses that would have chosen the same location even without the incentives. When this happens, property tax incentives merely deplete the tax base without promoting economic development. Third, widespread use of incentives within a metropolitan area reduces their effectiveness, because when firms can obtain similar tax breaks in most jurisdictions, incentives are less likely to affect business location decisions. This report reviews five types of property tax incentives and examines their characteristics, costs, and effectiveness: property tax abatement programs; tax increment finance; enterprise zones; firm-specific property tax incentives; and property tax exemptions in connection with issuance of industrial development bonds. Alternatives to tax incentives should be considered by policy makers, such as customized job training, labor market intermediaries, and business support services. State and local governments also can pursue a policy of broad-based taxes with low tax rates or adopt split-rate property taxation with lower taxes on buildings than land.State policy makers are in a good position to increase the effectiveness of property tax incentives since they control how local governments use them. For example, states can restrict the use of incentives to certain geographic areas or certain types of facilities; publish information on the use of property tax incentives; conduct studies on their effectiveness; and reduce destructive local tax competition by not reimbursing local governments for revenue they forgo when they award property tax incentives.Local government officials can make wiser use of property tax incentives for business and avoid such incentives when their costs exceed their benefits. Localities should set clear criteria for the types of projects eligible for incentives; limit tax breaks to mobile facilities that export goods or services out of the region; involve tax administrators and other stakeholders in decisions to grant incentives; cooperate on economic development with other jurisdictions in the area; and be clear from the outset that not all businesses that ask for an incentive will receive one.Despite a generally poor record in promoting economic development, property tax incentives continue to be used. The goal is laudable: attracting new businesses to a jurisdiction can increase income or employment, expand the tax base, and revitalize distressed urban areas. In a best case scenario, attracting a large facility can increase worker productivity and draw related firms to the area, creating a positive feedback loop. This report offers recommendations to improve the odds of achieving these economic development goals.

Download or read book Enterprise Zones written by Sar A. Levitan and published by . This book was released on 1992 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Enterprise Zone Program and Its Impact on Small Business Growth and Development written by United States. Congress. Senate. Committee on Small Business and published by . This book was released on 1989 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Concept of Enterprise Zones written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Economic Stabilization and published by . This book was released on 1982 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Special Economic Zones written by Thomas Farole and published by World Bank Publications. This book was released on 2011-08-01 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: For countries as diverse as China and Mauritius, Special Economic Zones (SEZs) have been a powerful tool to attract foreign investment, promote export-oriented growth, and generate employment; for many others, the results have been less than encouraging. While the benefits and limitations of zones will no doubt continue to be debated, what is clear is that policymakers are increasingly attracted to them as an instrument of trade, investment, industrial, and spatial policy. Since the mid 1980s, the number of newly-established zones has grown rapidly in almost all regions, with dramatic growth in developing countries. In parallel with this growth and in the evolving context of global trade and investment, zones are also undergoing significant change in both their form and function, with traditional export processing zones (EPZs) increasingly giving way to larger and more flexible SEZ models. This new context will bring significant opportunities for developing countries to take advantage of SEZs, but will also raise new challenges to their successful design and implementation. This volume aims to contribute to a better understanding of the role and practice of SEZs in developing countries, in order to better equip policymakers in making effective decisions in planning and implementing SEZ programs. It covers some of the emerging issues and challenges in SEZs – including upgrading, regional integration, WTO compliance, innovation, the environment, and gender issues – with practical case examples from SEZ programs in developing countries.

Download or read book Influencing Small Business Investment in Enterprise Zones written by United States. Congress. Senate. Committee on Small Business and published by . This book was released on 1982 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book State designated Enterprise Zones written by and published by . This book was released on 1986 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Enterprise Zones in America written by and published by . This book was released on 1986 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Impact of Enterprise Zones on Employment written by Terry Van Allen and published by . This book was released on 1995 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first national study (Part One) ever to investigate the effect of Enterprise Zones on the employment of residents, and the first local study (Part Two) ever to investigate the number of jobs created per zone residents and business. Terry Van Allen's analyses draw some important, and surprising, conclusions from the data derived from the 1989 U.S. Department of Housing and Urban Development national survey of 60 EZs and their surrounding communities in 14 states. Providing a thorough historical background covering state and federal programs in Great Britain as well as in the United States, and an overview of the literature and economic theories on employment, Terry Van Allen's study offers major insights on the implication of Enterprise Zones policy as well as crucial policy recommendations for greater efficiency and success.