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This definitive work mixes case law, public policy, economic strategy, and examines the wide range of issues facing efforts to improve the American economy, to illustrate how economic growth is driven through strong public-private partnerships, and how successful growth strategies from the state and local level operate to grow jobs.
Fixed-effects regression models controlling for both place and time-specific effects are employed to test the effect of incentives on changes employment and wages for establishments by industry at the ZIP code level. Areas receiving incentives are compared to non-program ZIP codes exhibiting similar economic and distress characteristics, controlling economic growth occurring in the absence of program intervention.