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Combining Rules and Discretion in Economic Development Policy: Evidence on the Impacts of the California Competes Tax Credit

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NBER2021-03-01 更新2025-01-04 收录
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We evaluate the effects of one of a new generation of economic development programs, the California Competes Tax Credit (CCTC), on local job creation. Incorporating perceived best practices from previous initiatives, the CCTC combines explicit eligibility thresholds with some discretion on the part

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2021-03-01
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