Relocation subsidies: regional growth policy or corporate welfare?
By: Vogel, Richard M.
Material type:
ArticlePublisher: 2000Description: p.437-47.Subject(s): Regional development
In:
Review of Radical Political EconomicsSummary: Relocation subsidies in the form of property tax abatements, subsidized construction bonds, or the outright provision of land, buildings, and other services, are being offered in increasing frequency as a lure to keep old firms from moving out of a city or region as well as to attract new firms and industry into the region. For a community, these incentives are typically a strategic response to the issue of retaining and creating jobs against the threat of firms locating or relocating to competing communities. - Reproduced
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Articles
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Indian Institute of Public Administration | Volume no: 32, Issue no: 3 | Available | AR46932 |
Relocation subsidies in the form of property tax abatements, subsidized construction bonds, or the outright provision of land, buildings, and other services, are being offered in increasing frequency as a lure to keep old firms from moving out of a city or region as well as to attract new firms and industry into the region. For a community, these incentives are typically a strategic response to the issue of retaining and creating jobs against the threat of firms locating or relocating to competing communities. - Reproduced
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