Assessing the Incidence and Efficiency of a Prominent Place Based Policy

• 成果类型: Article
• 署名作者: Busso, Matias; Gregory, Jesse; Kline, Patrick
• 署名单位: Inter-American Development Bank; University of Wisconsin System; University of Wisconsin Madison; University of California System; University of California Berkeley
• 刊物名称: AMERICAN ECONOMIC REVIEW
• ISSN/ISSBN: 0002-8282
• DOI: 10.1257/aer.103.2.897
• 发表日期: 2013
• 页码: 897-947
• 关键词: Enterprise zones; Wild Bootstrap; EMPLOYMENT; incentives; IMPACT; wages

摘要

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.