000 01310pab a2200169 454500
008 180718b2014 xxu||||| |||| 00| 0 eng d
100 _aReese, Laura A.
245 _aIf all you have is a hammer: Finding economic development policies that matter
260 _c2014
300 _ap.627-655.
362 _aNov
520 _aThis research explores the relative effectiveness of a comprehensive set of local economic development incentives and focuses on two questions: What contributions do common development tools make to the economic health of municipalities?; and, Are there other types of local activities, not typically considered as development tools, that might be more effective in contributing to local economic prosperity? It finds that the factors most consistently and positively related to economic health are investments in the downtown, spending on basic local public services, and using no economic development incentives at all. These findings suggest one primary policy recommendation: the wisest course of action for most cities would be to eschew particularized development incentives, especially those that require tax expenditures. - Reproduced.
650 _aEconomic and social development
773 _aAmerican Review of Public Administration
908 _aN
909 _a106668
999 _c106663
_d106663