Full Citation

Title: Does Tax Increment Financing Pass the “But-for” Test in Missouri?

Citation Type: Journal Article

Publication Year: 2019

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ISSN:

DOI: https://doi.org/10.1177/0891242419859097

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Abstract: The use of tax increment financing (TIF) remains a popular, yet highly controversial, tool among policy makers in their efforts to promote economic development. This study conducts a comprehensive assessment of the effectiveness of Missouri’s TIF program, specifically in Kansas City and St. Louis, in creating economic opportunities. We build a time-series data set starting 1990 through 2012 of detailed employment levels, establishment counts, and sales at the census block-group level to run a set of difference-in-differences with matching estimates for the impact of TIF at the local level. Although we analyze the impact of TIF on a wide set of indicators and across various industry sectors, we find no conclusive evidence that the TIF program in either city has a causal impact on key economic development indicators.

Url: https://journals.sagepub.com/doi/full/10.1177/0891242419859097

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Authors: El-Khattabi, Ahmed, R; lester, T. William

Periodical (Full): Economic Development Quarterly

Issue: 3

Volume: 33

Pages: 187-202

Data Collections: IPUMS USA

Topics: Other, Population Data Science

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