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Relocation Subsidies: Regional Growth Policy or Corporate Welfare?

Department of History, Economics, and Politics, State University of New York at Farmingdale, Farmingdale NY 11735 vogelrm{at}farmingdale.edu

Relocation subsidies in the form of property tax abatements, subsidized construction bonds, or the outright provision of land, buildings, and other services, are being offered in increasing frequency as a lure to keep old firms from moving out of a city or region as well as to attract new firms and industry into the region. For a community, these incentives are typically a strategic response to the issue of retaining and creating jobs against the threat of firms locating or relocating to competing communities.

Key Words: Regional economics • Subsidies to firms • Jobs

Review of Radical Political Economics, Vol. 32, No. 3, 437-447 (2000)
DOI: 10.1177/048661340003200309


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