A Framework for Evaluating Economic Development Incentives
Pew experts outline concepts to consider when estimating programs’ economic impact
On July 24, 2014, The Pew Charitable Trusts gave a presentation to the Nebraska Legislature, detailing topics and questions that the state could consider when assessing the economic effects of its incentives, including:
- How companies will respond to incentives
- Responsiveness and speed of the incentives’ benefits
- Job expansion and displacement
- Employment multiplier effects
- Economic trade-offs
- Benefit to state residents