This paper reviews the research literature in the United States on effects of state and local "economic development incentives". Such incentives are tax breaks or grants, provided by state or local governments to individual firms, that are intended to affect firms' decisions about business...

This paper reviews the research literature in the United States on effects of state and local "economic development incentives". Such incentives are tax breaks or grants, provided by state or local governments to individual firms, that are intended to affect firms' decisions about business...

The phenomenon of physical R&D-manufacturing co-location is interesting, because researchers have made very different observations regarding its prevalence. In some populations co-location of the two functions seems to be the norm; in others, an exception. However, we still do not have an...

The phenomenon of physical R&D-manufacturing co-location is interesting, because researchers have made very different observations regarding its prevalence. In some populations co-location of the two functions seems to be the norm; in others, an exception. However, we still do not have an...

We use US regional and state data to determine which regions have contributed most to the apparent decline in income growth volatility in the United States. We study changes in the variance of income growth in each region, changes in the covariance of growth between regions and changes in...