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Article Dans Une Revue American Economic Journal: Economic Policy Année : 2015

Can Tax Breaks Beat Geography? Lessons from the French Enterprise Zone Experience

Résumé

This paper shows that urban geography matters to the effectiveness of place-based policies, using the French enterprise zone program as a case study. Whereas this program created more jobs in spatially integrated neighborhoods, its impact on local wages was only visible in the more isolated ones. In addition, a focus on the average impact of the program would lead to the conclusion that it mostly succeeded in displacing preexisting firms, but a lower level of spatial isolation was a clear determinant of the decision to create new firms from scratch.

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Dates et versions

halshs-01156460 , version 1 (27-05-2015)

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Anthony Briant, Miren Lafourcade, Benoît Schmutz. Can Tax Breaks Beat Geography? Lessons from the French Enterprise Zone Experience. American Economic Journal: Economic Policy, 2015, 7 (2), pp.88-124. ⟨10.1257/pol.20120137⟩. ⟨halshs-01156460⟩
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