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Tables of Contents for Bidding for Business
Chapter/Section Title
Page #
Page Count
Acknowledgments
ix
 
The Authors
x
 
Preface
xi
 
Local Economic Development Incentives in the United States
1
24
U.S. Economic Development Incentives
5
4
Differences in Local Incentive Offers
9
4
Intra-Regional Use of Incentives
13
7
Local Incentives in Metropolitan Detroit
20
1
Summary
21
2
Notes
23
2
Evidence on the Influence of Local Economic Development Incentives
25
38
Determinants of Local Economic Activity
26
5
Demand for Local Business Sites
27
3
Supply of Local Business Sites
30
1
Earlier Assessments of Local Incentives
31
18
Surveys
32
4
Regression Analysis
36
13
Intrametropolitan Labor Markets and Spatial Mismatch
49
8
Theory of Spatial Mismatch
50
2
Empirical Tests of a Spatial Mismatch
52
5
Bringing It All together
57
2
Notes
59
4
Local Incentive Programs and Spatial Mismatch in Metropolitan Detroit
63
32
Manufacturing Property Tax Abatements
67
7
Commercial Property Tax Abatements
74
3
Downtown Development Authorities
77
1
Tax Increment Financing Authorities
78
2
Industrial Development Bonds
80
4
Local Incentive Use in Metropolitan Detroit
84
3
Spatial Mismatch in Metropolitan Detroit
87
5
Summary
92
1
Notes
93
2
A Model for Development Incentives in a Metropolitan Area
95
28
Relationships to Assess the Efficacy of Incentives
97
14
Residential Employment Rate
98
2
Poverty Rate
100
1
Manufacturing Property Value
101
2
Commercial Property Tax Base
103
1
Municipal Expenditure per Capita
104
1
Property Tax Rate
105
1
Manufacturing Property Tax Abatements
106
2
Commercial Property Tax Abatements
108
1
Industrial Development Bonds
109
1
Tax Increment Finance Authority
110
1
Downtown Development Authority
110
1
Variables Used in Regression Analysis
111
6
Names, Descriptions, and Sources
112
5
Descriptive Statistics
117
1
Summary
117
4
Notes
121
2
Empirical Results
123
34
Regression Procedure and Results
123
16
Simulation
139
11
Simulation Procedure and Findings
140
7
Benefit/Cost Assessment
147
3
Summary
150
5
Regression Insights
150
4
Simulation Insights
154
1
Notes
155
2
Summary and Policy Recommendations
157
24
Summary of Preceding Chapters
161
3
Incentive Offers by Core and Periphery Cities
164
3
Policy Choices
167
8
Free Choice
168
2
Elimination
170
3
Regulation
173
2
Enterprise Zones
175
3
Notes
178
3
Afterword
181
4
Appendix 1: Regression Identification
185
10
Appendix 2: Regression Results
195
16
References
211
10
Author Index
221
4
Subject Index
225
20
About the Institute
245