税收增量融资对爱荷华州企业进出的影响

IF 1.7 4区经济学 Q3 DEVELOPMENT STUDIES

Economic Development Quarterly Pub Date : 2023-10-19 DOI:10.1177/08912424231205537

Yoon-Jung Choi, Phuong Nguyen-Hoang

{"title":"税收增量融资对爱荷华州企业进出的影响","authors":"Yoon-Jung Choi, Phuong Nguyen-Hoang","doi":"10.1177/08912424231205537","DOIUrl":null,"url":null,"abstract":"One of the economic development objectives of tax increment financing (TIF) is to increase business entries and decrease exits in designated areas. The authors use data on sales and use tax permit registrations in Iowa for two of the largest counties, Johnson and Polk, during the period 1990 through 2017 to estimate the effects of TIF on business establishments, entries, and exits. Using an event-study design, the analysis of pooled data suggests that TIF has no significant effect on total establishments or business entries, and significantly reduces business exits. TIF seems to increase establishments in Johnson County and to reduce business exits in Polk County. Of the industries examined, retail stands to benefit the most from TIF. The authors also find limited evidence of spatial spillover effects of TIF.","PeriodicalId":47367,"journal":{"name":"Economic Development Quarterly","volume":"55 1","pages":"0"},"PeriodicalIF":1.7000,"publicationDate":"2023-10-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"The Impact of Tax Increment Financing on Business Entries and Exits in Iowa\",\"authors\":\"Yoon-Jung Choi, Phuong Nguyen-Hoang\",\"doi\":\"10.1177/08912424231205537\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"One of the economic development objectives of tax increment financing (TIF) is to increase business entries and decrease exits in designated areas. The authors use data on sales and use tax permit registrations in Iowa for two of the largest counties, Johnson and Polk, during the period 1990 through 2017 to estimate the effects of TIF on business establishments, entries, and exits. Using an event-study design, the analysis of pooled data suggests that TIF has no significant effect on total establishments or business entries, and significantly reduces business exits. TIF seems to increase establishments in Johnson County and to reduce business exits in Polk County. Of the industries examined, retail stands to benefit the most from TIF. The authors also find limited evidence of spatial spillover effects of TIF.\",\"PeriodicalId\":47367,\"journal\":{\"name\":\"Economic Development Quarterly\",\"volume\":\"55 1\",\"pages\":\"0\"},\"PeriodicalIF\":1.7000,\"publicationDate\":\"2023-10-19\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Economic Development Quarterly\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1177/08912424231205537\",\"RegionNum\":4,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"DEVELOPMENT STUDIES\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economic Development Quarterly","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1177/08912424231205537","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"DEVELOPMENT STUDIES","Score":null,"Total":0}

引用次数: 0

摘要

税收增量融资的经济发展目标之一是增加指定区域内的企业进入，减少企业退出。作者使用了1990年至2017年期间爱荷华州两个最大的县约翰逊和波尔克的销售和使用税许可证登记数据，以估计TIF对商业机构、进入和退出的影响。使用事件研究设计，对汇总数据的分析表明，TIF对总机构或业务条目没有显著影响，并显着减少了业务退出。TIF似乎增加了约翰逊县的机构，减少了波尔克县的商业出口。在被调查的行业中，零售业从TIF中获益最多。此外，研究人员还发现，TIF的空间溢出效应证据有限。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

查看原文本刊更多论文

The Impact of Tax Increment Financing on Business Entries and Exits in Iowa

One of the economic development objectives of tax increment financing (TIF) is to increase business entries and decrease exits in designated areas. The authors use data on sales and use tax permit registrations in Iowa for two of the largest counties, Johnson and Polk, during the period 1990 through 2017 to estimate the effects of TIF on business establishments, entries, and exits. Using an event-study design, the analysis of pooled data suggests that TIF has no significant effect on total establishments or business entries, and significantly reduces business exits. TIF seems to increase establishments in Johnson County and to reduce business exits in Polk County. Of the industries examined, retail stands to benefit the most from TIF. The authors also find limited evidence of spatial spillover effects of TIF.

求助全文

通过发布文献求助，成功后即可免费获取论文全文。去求助

来源期刊

Economic Development Quarterly Multiple-

CiteScore

2.20

自引率

13.30%

发文量

期刊介绍： Economic development—jobs, income, and community prosperity—is a continuing challenge to modern society. To meet this challenge, economic developers must use imagination and common sense, coupled with the tools of public and private finance, politics, planning, micro- and macroeconomics, engineering, and real estate. In short, the art of economic development must be supported by the science of research. And only one journal—Economic Development Quarterly: The Journal of American Economic Revitalization (EDQ)—effectively bridges the gap between academics, policy makers, and practitioners and links the various economic development communities.