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Les dispositifs d'exonérations géographiquement ciblées bénéficient-ils aux résidents de ces zones ? État des lieux de la littérature américaine et française

Translated title of the contribution: Do geographically targeted tax incentive benefit to zone residents? Lessons from the us and from France
  • Banque de France

Research output: Contribution to journalReview articlepeer-review

Abstract

This paper provides a survey of the empirical literature on enterprise zones evaluation, in the US and in France. It focuses on the impact of such programs on zone residents. Results of studies differ regarding the ability of enterprise zones programs to promote the development of economic activity and to improve the welfare of zone residents. In the US, the effects vary considerably depending on the program assessed: the incapacity of State Enterprise Zones to stimulate local activity and employment of zone residents contrasts with the efficiency of Federal Empowerment Zones, which have had a positive impact on zones residents in terms of employment, wage and quality of life. The conclusions regarding the effect of the French program are more homogeneous: they suggest a positive impact on business location and employment in targeted zones which occurs however at the expense of neighboring areas. Moreover, the effect of the French program for zones residents is limited. Better understanding the role of the design of these policies in terms of financial amount, eligibility criteria or types of incentives could be an important area of improvement in the implementation of urban enterprise zones programs.

Translated title of the contributionDo geographically targeted tax incentive benefit to zone residents? Lessons from the us and from France
Original languageFrench
Pages (from-to)581-614
Number of pages34
JournalRevue Economique
Volume67
Issue number3
DOIs
Publication statusPublished - 9 May 2016
Externally publishedYes

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