| Article ID: | iaor20001934 |
| Country: | United States |
| Volume: | 11 |
| Issue: | 3 |
| Start Page Number: | 417 |
| End Page Number: | 430 |
| Publication Date: | Jan 1999 |
| Journal: | Journal of Public Budgeting, Accounting and Financial Management |
| Authors: | Man Joyce Y. |
| Keywords: | government, politics, economics, statistics: regression |
The Tax Increment Financing (TIF) method has achieved widespread popularity as a funding source to finance local infrastructure investments and improvements. However, little research has been conducted to evaluate the effectiveness of such programs. This study undertakes a regression analysis to examine the effects of the municipal adoption of TIF programs on local economic development. The empirical results suggest that the adoption of TIF programs has a significant positive effect on local employment.