Full text of Working Papers (Federal Reserve Bank of Richmond) : Analyzing Firm Location Decisions : Is Public Intervention Justified?, Working Paper 99-08

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Working Paper Series

Analyzing Firm Location Decisions: Is
Public Intervention Justified?

WP 99-08

Ray Owens
Federal Reserve Bank of Richmond
Pierre-Daniel Sarte
Federal Reserve Bank of Richmond

This paper can be downloaded without charge from:
http://www.richmondfed.org/publications/

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48

Table 1

Locational Incentive Programs Available to Offset Moving Costs by State- 1998
AL

AK AR

AZ

CA

CO

CT

FL

IA

ID

IL

IN

KS

LA MD ME

MI MN MO MS NC

NJ

NM NY OH OK

3

3
3
3
3
3
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3 3 3
3 3
3
3 3

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Regulatory

2

3

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3 3 3
3 3
3
3 3
3
3
3
3 3 3
OR

PA

RI

SC

TN

TX

UT

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3

WV Total

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Regulatory
1
2

3

3

2

3
3 3

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3

3
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16
30
14

"Site/Location" refers to programs that offset, either totally or partially, the cost to the firm of aquiring land and structures necessary to begin operations.
"Infrastructure" refers to programs that offset, either toally or partially, one or more of the following costs to the firm:
A. connecting to waste disposal systems and/or to public utilities,
C. widening of and/or connecting to highways,
E. lengthening of airport runways used by the firm.
"Regulatory" refers to programs that offset, either totally or partially, the cost to the firm of obtaining regulatory approval, such as permits, as well as assiting with
the timeliness of the receipt of such approvals. In addition, these programs may offer monetary incentives to either purchase or construct equipment, as well as
implement processes, that are environmentally friendly.

Source : "Directory of Incentives for Business Investment and Development in the United States," published by the National Association of State Devlopment Agencies

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65
Full text of Working Papers (Federal Reserve Bank of Richmond) : Analyzing Firm Location Decisions : Is Public Intervention Justified?, Working Paper 99-08

FRASER
