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100 _a El-Khattabi, Ahmed Rachid
_930317
245 _aDoes Tax Increment Financing Pass the “But-for” Test in Missouri?
260 _bSage,
_c2019.
300 _aVol. 33, Issue 3, 2019;(187-202 p.)
520 _aThe use of tax increment financing (TIF) remains a popular, yet highly controversial, tool among policy makers in their efforts to promote economic development. This study conducts a comprehensive assessment of the effectiveness of Missouri’s TIF program, specifically in Kansas City and St. Louis, in creating economic opportunities. We build a time-series data set starting 1990 through 2012 of detailed employment levels, establishment counts, and sales at the census block-group level to run a set of difference-in-differences with matching estimates for the impact of TIF at the local level. Although we analyze the impact of TIF on a wide set of indicators and across various industry sectors, we find no conclusive evidence that the TIF program in either city has a causal impact on key economic development indicators.
650 _atax increment financing,
_931994
650 _aeconomic development incentives,
_932007
650 _a economic impact
_932008
700 _aT. William Lester
_932009
773 0 _010589
_915392
_dSage Publisher
_tEconomic development quarterly
856 _uhttps://doi.org/10.1177/0891242419859097
942 _2ddc
_cART