The economics of place-based policies edited by Cecile Gaubert, Gordon H. Hanson, and David Neumark

Format:

Book

Contributor:

Gaubert, Cécile, editor.

Hanson, Gordon H. (Gordon Howard), editor.

Neumark, David, editor.

Series:

National Bureau of Economic Research conference report

National Bururea of Economic Research conference report

Language:

English

Subjects (All):

Regional economics.

Economic policy.

Community development.

United States.

European Union countries.

Genre:

Conference papers and proceedings

Physical Description:

1 online resource

Place of Publication:

Chicago The University of Chicago Press 2026

Summary:

"A wide-ranging collection of research examining the intricate economics of place-based policies. After decades of skepticism about place-based policies, recent initiatives such as Opportunity Zones and elements of the Inflation Reduction Act signal renewed policy interest in targeting economically distressed areas. This volume surveys empirical findings from the US and Europe on the effectiveness of these policies, explores new theoretical rationales for geographic targeting, and examines the institutional contexts that shape policy design and implementation. The contributors evaluate major place-based initiatives and consider nontraditional approaches to supporting regional economies, including large-scale industrial interventions, public employment reallocation, and economic development on Native American reservations. This collection is not limited to empirical policy impact evaluations as it takes a broader-ranging perspective. The contributors present evaluation evidence while also emphasizing the features, implementation processes, and institutional settings that shape policy effectiveness. They address critical questions such as: What new insights from economic theory can inform the design of place-based policies? What lessons from past policies are reflected—or ignored—in current approaches? How does US policymaking compare with European practices, and what takeaways can be derived from the comparison of the two? The Economics of Place-Based Policies provides policymakers with evidence-based guidance on the design of effective interventions while offering researchers a comprehensive foundation for future study of how public policy can address geographic economic disparities"-- De Gruyter Brill

Contents:

Place-based policies : Lessons from theory / Pablo Fajgelbaum and Cecile Gaubert

Lessons learned and ignored in US place-based policymaking / Matthew Freedman and David Neumark

Place-based policies of the European Union : Contrasts and similarities to the US experience / Peter R. Berkowitz, Michael Storper, and Max Herbertson

The US place-based policy supply chain / Gordon H. Hanson, Dani Rodrik, and Rohan Sandhu

The targeting of place-based policies : The New Markets Tax Credit versus Opportunity Zones / Kevin Corinth, David Coyne, Naomi Feldman, and Craig Johnson

Do place-based industrial interventions help "left-behind" workers? Lessons from WWII and beyond / Andrew Garin

The potential of public employment reallocation as a place-based policy / Dimitria Freitas

Place-based economic development and tribal casinos / Randall Akee, Maggie R. Jones, and Emilia Simeonova

Notes:

Includes bibliographical references and indexes

Online resource; title from PDF title page (De Gruyter Brill, viewed October 1, 2026)

Other Format:

Print version Economics of place-based policies

ISBN:

9780226848372

022684837X

OCLC:

1602351223

Access Restriction:

Restricted for use by site license