March/April 1997

Firm-specific incentives and enterprise zones are the two most rapidly growing weapons in states' and localities' competitive arsenal. What incentives have states and localities adopted, which of these incentives are spreading, and what are the prominent successes and failures? What has been the experience with "clawback" provisions, assurances from recipients that they will actually create the jobs and other economic benefits they promise?

Paper: Peter S. Fisher and Alan H. Peters
Discussion: Dick Netzer, Leslie E. Papke

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