Are subsidies worth it?: How to calculate costs and benefits of business incentives. (Chicago, Illinois)(includes related articles): An article from: Government Finance Review

This digital document is an article from Government Finance Review, published by Government Finance Officers Association on October 1, 1995. The length of the article is 4561 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The Chicago Dept. of Planning and Development asked the University of Illinois at Chicago's Center for Urban Economic Development (CUED) to develop a method by which the city government can calculate the costs and benefits of business incentive packages in 1992. The city government was under criticism at the time for not offering more incentives to catalog clothing firm Spiegel, whose departure caused the loss of over 1,000 jobs in the city. The CUED developed a cost-benefit spreadsheet based on an econometric model of the local economy. The spreadsheet may be used in other cities and states simply by inputting the corresponding local data.

Citation Details
Title: Are subsidies worth it?: How to calculate costs and benefits of business incentives. (Chicago, Illinois)(includes related articles)
Author: Wim Wiewel
Publication:Government Finance Review (Magazine/Journal)
Date: October 1, 1995
Publisher: Government Finance Officers Association
Volume: v11 Issue: n5 Page: p23(5)

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