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Tax Incentives: An Effective Development Strategy for Rural Communities?

Published online by Cambridge University Press:  28 April 2015

Daniel V. Rainey  and
Kevin T. McNamara
Daniel V. Rainey
Affiliation:
Department of Agricultural Economics and Agribusiness, University of Arkansas, Fayetteville, AR
Kevin T. McNamara
Affiliation:
Department of Agricultural Economics, Purdue University, West Lafayette, IN
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Abstract

As national and local economies become more globalized, many rural areas are going to find it more difficult to compete for private capital investments. A traditional tool, modifications to tax policy, of state and local governments will not be as effective (for many communities it has never been effective) in the future. These communities will need to seek other avenues of growth. However, for many rural communities even alternative avenues will not lead to enhanced economic opportunity.

Keywords

agglomerationrural developmenttax policyR51R58O21O23R11R38
Type
Invited Paper Sessions
Information
Journal of Agricultural and Applied Economics , Volume 34 , Issue 2 , August 2002 , pp. 319 - 325
Copyright
Copyright © Southern Agricultural Economics Association 2002

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