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The Effectiveness of Tax Incentives


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  • Product Description

The contribution of this work is the empirical understanding of the effectiveness of Puerto Rico's investment incentive program, after the local government divided the island into three zones: High, Intermediate, and Low Industrials zone. Traditionally, Conditional Logit (CL) has been the methodology used for firm location analysis. However, CL confronts several limitations, and for that reason, the book follows a Poisson Regression analysis. This methodology will give the same results as the CL model and, in certain cases related to location decisions, is a better approach since it handles more properly the limitations inherent in the CL methodology.The analysis shows that firms tend to locate in a statistically significant fashion at the intermediate industrial zone. Furthermore, based on a Shift-Share analysis, job expansion at both the intermediate and low zones is significantly higher than what would have occurred if these zones would have grown at the same rate of the high industrial zone.

Product Specifications
SKU :COC28718
AuthorCarlos Liard-Muriente
Number of Pages172
Publishing Year11/16/2010
Edition1 st
Book TypeInternational economics
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-07-29 00:00:00