Assessing the Effects of Place-Based Policy on Spatial Inequality and the Distribution of Household Income: Evidence from Tax Increment Financing

被引：3

作者：

Kim, Geon ^{[1
,2
]}

机构：

[1] Univ Illinois, Dept Urban Planning & Policy, Chicago, IL 60607 USA

[2] Yonsei Univ, Dept Urban Planning & Engn, Seoul, South Korea

来源：

ECONOMIC DEVELOPMENT QUARTERLY | 2024年 / 38卷 / 02期

基金：

新加坡国家研究基金会;

关键词：

tax increment financing; TIF; place-based policy; spatial inequality; BUT-FOR TEST; PROPERTY VALUE; IMPACTS; EMPLOYMENT; DISTRICTS; ADOPTION; GROWTH; PASS; JOBS;

D O I：

10.1177/08912424231217695

中图分类号：

F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];

学科分类号：

0201 ; 020105 ; 03 ; 0303 ;

摘要：

This research examines the effects of tax increment financing (TIF) on spatial inequality from 1990 to 2014 in Cook County, Illinois. The author explores the effects of TIF on real income and income distribution and examines whether the effects lead to a reduction in spatial inequality. To address the question of spatial inequality, dependent variables are constructed that assess the probability of TIF increasing upward mobility on the real income ladder and catching up with other areas. The results show beneficial distributional effects, but the effects are much attenuated when examining changes in the probability of moving up in the rankings, indicating that the effects of TIF are limited in reducing spatial inequality in the region.

引用

页码：82 / 99

页数：18

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