An economic analysis of industrial revenue bonds and the demand for labor

Auteur :
McDONALD, J. F.

Description :
In this paper the standard theory of the derived demand for inputs for the firm has been used to examine the effect on employment of a subsidy to the capital input via an industrial revenue bond. While the effect theorically is ambiguous in sign, an empirical examination of the industrial revenue bond program in Chicago suggests that ceteris paribus, employment does increase in firms selected for the program.


Type de document :
Article de périodique

Source :
Annals of regional science Bellingham, 1984, vol. 18, n°. 1, p. 39-50, Références bibliographiques : 9 réf.

Date :
1984