Enterprise zone program too costly to keep as is
- February 7, 2011
- An op-ed by David Neumark, economics professor, is featured in the San Francisco Chronicle February 6, 2011
From the San Francisco Chronicle:
The state's budget gap requires painful cuts. The tough choices ahead require us to take a hard look at which programs achieve their goals and which do not before making decisions that will affect the lives of all Californians.... Here's what we found: Employment growth in enterprise zones was no greater than employment growth in very similar areas. California's enterprise zones are diverse. Some are in urban downtowns and others are rural, and each has a different mix of manufacturing, office space and retail. There is some evidence that enterprise zones with particular characteristics were more effective at creating jobs. These include zones where more effort was placed on marketing and outreach and those where there is less manufacturing.
For the full story, please visit http://www.sfgate.com/cgi-bin/article.cgi?f=%2Fc%2Fa%2F2011%2F02%2F05%2F....
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