Tax increment financing (TIF) has been a popular and controversial economic development tool for several decades. This research considers the determinants of competitive dynamics, equity, and path dependency on TIF use. The authors use logistic and ordinary least squares regressions on the...

Science plays a profound and formidable role in American public policymaking. This is demonstrated by the fact that issues related to science are omnipresent in today's society, and by the fact that in today's rapidly moving society, science has been increasingly called upon to provide...

Investment incentives (subsidies designed to affect the location of investment) are a pervasive feature of global competition for foreign direct investment. This Perspective analyzes what is known about the extent and cost of incentives used as well as the potential efficiency, equity, and...