000132311 001__ 132311
000132311 005__ 20250206162338.0
000132311 0247_ $$2doi$$a10.22004/ag.econ.132311
000132311 037__ $$a1100-2016-89759
000132311 037__ $$a1100-2016-90239
000132311 041__ $$aeng
000132311 245__ $$aWhy Don't Enterprise Zones Work? Estimates of the Extent that EZ Benefits are Capitalized into Property Values
000132311 260__ $$c2006
000132311 269__ $$a2006
000132311 300__ $$a16
000132311 336__ $$aJournal Article
000132311 520__ $$aThe study examines the impact of local Enterprise Zones (EZs) on commercial and industrial
property values. Currently, 43 states have established EZ programs to target development
incentives to economically distressed areas. While there is a substantial body of literature
analyzing the effectiveness of EZ programs, the research has yielded varied findings. The
varied results of EZ programs could potentially arise as EZ property values are bid up by businesses
seeking to expand or locate operations in the EZs. This would reduce amounts that
these businesses would otherwise spend on capital assets or labor. A hedonic price model is
estimated to determine the effect of EZ status and nearby EZ activity on property values. The
empirical results imply that EZ status may, in some instances, have a positive impact on EZ
property values. However, the empirical results also suggest that these potential price effects
may diminish as EZs are designated in other nearby locations.
000132311 650__ $$aCommunity/Rural/Urban Development
000132311 650__ $$aLand Economics/Use
000132311 700__ $$aLanders, Jim
000132311 773__ $$tJournal of Regional Analysis and Policy$$j36$$k01$$d2006
000132311 8564_ $$95a19d628-dd55-4e81-85f2-cf7ff7381fe9$$s227994$$uhttps://ageconsearch.umn.edu/record/132311/files/06-1-2.pdf
000132311 887__ $$ahttp://purl.umn.edu/132311
000132311 909CO $$ooai:ageconsearch.umn.edu:132311$$pGLOBAL_SET
000132311 912__ $$nSubmitted by Adrienne Keiser (keise023@umn.edu) on 2012-08-28T16:42:13Z
No. of bitstreams: 1
06-1-2.pdf: 227994 bytes, checksum: 9a698a9fefe034034837a166616d1159 (MD5)
000132311 912__ $$nMade available in DSpace on 2012-08-28T16:42:15Z (GMT). No. of bitstreams: 1
06-1-2.pdf: 227994 bytes, checksum: 9a698a9fefe034034837a166616d1159 (MD5)
  Previous issue date: 2006
000132311 913__ $$aLicense granted by Adrienne Keiser (keise023@umn.edu) on 2012-08-28T16:40:04Z (GMT):

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000132311 980__ $$a1100
000132311 982__ $$gJournal of Regional Analysis and Policy>Volume 36, Issue 1, 2006