Quote

Most business incentives don’t work.

We’ve already seen and heard of many instances where business incentives granted by governments to firms moving in have not produced results the politicians wanted.  Why is this?  Which incentives work?  Finally there’s a study that sheds light on this. It’s important advice for local and regional leaders.  One should always take economic research with a grain of salt; but if even a few awful cases could be prevented the benefits for local economies would be great.

Tim Bartik and John C. Austin November 4, 2019

screenshot-www-brookings-edu-2016-10-19-08-47-331

via Most business incentives don’t work. Here’s how to fix them.

Here’s the PDF of the study by Bartik:

Bartik 2019 – Making Sense of Incentives_ Taming Business Incentives to Promote

One response to “Most business incentives don’t work.

  1. Pingback: Most business incentives don’t work.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s