Synopsis
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 c. Book News, Inc., Portland, OR (booknews.com)
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Review
"An accessible, persuasive, sometimes provocative work that employment and public finance scholars, as well as policymakers, will find of interest." -- Urban Studies, March 2004
"This is an important book that local economic development researchers and practitioners must not miss." -- Journal of Planning Literature, 18(1), 2003
"[The authors'] recommendation that enterprise zones should redirect their focus to jobs or face elimination has the force of necessity." -- Regional Studies, 38(2), 2004
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State Enterprise Zone Programs: Have They Worked?
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