By Caleb Taylor How effective are º£½ÇÉçÇøâ€™s economic development incentives? Not very, according to ACRE Research Fellow Erica Smith in an op-ed published on May 11 in º£½ÇÉçÇø Business entitled “º£½ÇÉçÇøâ€™ Ineffective Incentives.â€� Smith writes about the economic literature on economic development incentive programs such as º£½ÇÉçÇøâ€™s Quick Action Closing Fund (QACF) and concludes that […]
Targeted business subsidies fail to improve incomes or poverty rates
By Caleb Taylor A frequently used º£½ÇÉçÇø business subsidy program largely fails to increase incomes or lower poverty rates over the long term, according to the latest research from two UCA academics. ACRE-Affiliated Researcher and UCA Lecturer of Economics Jacob Bundrick and UCA Assistant Professor of Economics Dr. Weici Yuan’s researched the Quick Action Closing […]
