Full Citation

Title: Tracts of Opportunity? Early Analysis of the Effectiveness of Opportunity Zones

Citation Type: Dissertation/Thesis

Publication Year: 2023

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Abstract: The U.S. technological and economic boom of the 1990s generally resulted in decreased poverty yet left some areas of the country behind. Since then, policymakers have sought to eliminate concentrated poverty nationwide. The latest attempt to eradicate spatial poverty in the U.S. – tax incentives for private investment – was adopted in 2018. While research into this new program is sparse, other place-based policy research aimed at eradicating poverty is mixed. This study seeks to expand on existing research into this program by using a unique data source and model specification. Using six five-year estimates for 42,160 census tracts between 2012 and 2021, this study employs a fixed effects approach, including a difference-in-differences supplement, to estimate the association between a census tract being designated as an Opportunity Zone and various economic indicators. It finds statistically modest but substantively mixed associations between Opportunity Zone designation and economic indicators that ultimately support arguments for and against place-based policies.

Url: https://www.proquest.com/docview/2808424629?pq-origsite=gscholar&fromopenview=true

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Authors: Kochmansky, Jake D

Institution: Georgetown University

Department: Graduate School of Arts and Sciences

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Publisher Location: Washington D.C.

Pages: 1-60

Data Collections: IPUMS NHGIS

Topics: Population Mobility and Spatial Demography, Poverty and Welfare

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