In this paper, we study the impact of a French enterprise zones program -- the "Zones Franches Urbaines'" (ZFUs) policy -- on establishment location decisions. Our empirical analysis is based on a micro-geographic dataset that provides exhaustive information on the location of establishments in...

Spatial concentration of economic activities is one of the most salient features of economic development. The almost parallel urge by policymakers to counteract such a trend through public polices is also striking. This is not only reserved to those countries, especially in Europe, which have a...