Author: Ravindra Kumar Jain Publisher: ISBN: Category : Economic history Languages : en Pages :
Book Description
Over the last three decades, economic development has been a major policy issue in the State of Texas. But after the amendment of the Development Corporation Act of 1979 and subsequent amendments, municipalities are using the provisions of Section 4A and 4B to enhance economic development. The purpose of this research is to determine if the Section 4A/4B adopting cities are doing better in employment and income growth than the non-adopting cities. Methods. Using the employment, income, population, and quality of life variables data for years 1990, 2000, and 2007, this study evaluates the impact of ED policies of Sections 4A/4B on employment and income growth. Multiple regression models are used including Wooldridge's Fixed Effects model. Results. The inference from all the models can be summarized that: (1) Sales tax revenues collecting cities under the provisions of Sections 4A/4B are not doing better than the non adopting cities both in employment and income growth; (2) Other ED policies such as TIFs, Freeport Zones, Property Tax abatements, etc; have statistically significant contribution at 90 percent confidence level. Conclusions. The research cast doubt on the efficacy of Sections 4A/4B economic development policies.
Author: Robert R. Weaver Publisher: University of Texas at Arlington, School of Urban & Public Affairs ISBN: Category : Business & Economics Languages : en Pages : 120
Author: Attorney General of Texas Greg Abbott Publisher: CreateSpace ISBN: 9781497396517 Category : Business & Economics Languages : en Pages : 262
Book Description
Texas Economic Development Handbook The Texas Economic Development Handbook is a comprehensive resource detailing a variety of economic development tools available in Texas. This is a "must-have" reference manual for elected officials, City and County staff members, attorneys, as well as real estate sales and development professionals. The topics covered include: The Economic Development Sales Tax Alternative Tax Initiatives for Local Development Local Property Tax Incentives Property Tax Abatement Tax Increment Financing Economic Development through Tourism City, County, Cooperative and Regional Efforts Issuing Debt to Finance Economic Development Public Improvement Districts Neighborhood Empowerment Zones Municipal Management Districts Municipal Development Districts And More...
Author: Ann L. Eaton Publisher: ISBN: Category : Economic development Languages : en Pages : 158
Book Description
The purpose of this research is to describe the employment, investment, and multiplier impacts of Chapter 380 Economic Development agreements in Texas cities. The research will describe the type and amount of business subsidies and frequency of subsidy control use in the agreements. It is important to evaluate the impacts of Chapter 380 Economic Development agreements in order to understand the economic benefits created by the Chapter 380 economic development policy. Evaluating the use of subsidy controls is significant for constituents to feel assured that public money is being used efficiently in economic development policy. The research used existing literature to create the following categories: employment impacts, investment impacts, multiplier impacts, and business subsidies and subsidy controls. A conceptual framework was created to form the operationalization tables. The research method utilized is content analysis to evaluate ten most recent, finalized Chapter 380 Economic Development agreements in five randomly selected Texas cities. The Chapter 380 Economic Development agreements were reviewed and coded according to the operationalization tables to describe the impacts. The findings revealed a dramatic distinction in the amount of grants disbursed versus the impacts received. The conclusion calls for cities to evaluate their practices when it pertains to the amount of subsidies offered in return for the economic impacts stipulated. The drastic distinction of impacts leads one to conclude that some cities may not be maximizing the financial partnerships between cities and businesses.
Author: Ravindra Kumar Jain
Author: 
Author: Robert R. Weaver
Author: Attorney General of Texas Greg Abbott
Author: Scott Joslove
Author: Delbert A. Taebel
Author: University of Texas at Arlington. Institute of Urban Studies
Author: Ann L. Eaton
Author: Dan Morales
Author: Dan Morales