caa a22 4500 606167757 CHVBK 20210128100704.0 cr unu---uuuuu 210128e20150901xx s 000 0 eng 10.1007/s11127-015-0281-8 doi (NATIONALLICENCE)springer-10.1007/s11127-015-0281-8 Competing for global capital or local voters? The politics of business location incentives [Elektronische Daten] [Nathan Jensen, Edmund Malesky, Matthew Walsh] The competition for global capital has led to interjurisdictional competition between countries, states and cities as to who can offer the most attractive incentives to firms. In this study, we examine the domestic politics of this competition by focusing on incentive use in the United States from 1999 to 2012. We define incentives as the targeted tax deductions or exemptions that are used to lure businesses into a locality. Drawing on data from municipal incentive programs, we examine how electoral competition shapes the use and oversight of targeted incentives. We find evidence that cities with elected mayors provide larger incentives than non-elected city managers by taking advantage of exogeneity in the assignment of city government institutions and a database of over 2000 investment incentives from 2010 to 2012. We also find that elected mayors enjoy more lax oversight of incentive projects than their appointed counterparts. Our results have important implications for the study of interjurisdictional competition and the role of electoral institutions in shaping economic policy. Springer Science+Business Media New York, 2015 Incentives nationallicence Economic development nationallicence Pandering nationallicence Local government nationallicence Jensen Nathan George Washington University, Washington, USA aut Malesky Edmund Duke University, Durham, USA aut Walsh Matthew Springfield, MO, USA aut Public Choice Springer US; http://www.springer-ny.com 164/3-4(2015-09-01), 331-356 0048-5829 164:3-4<331 2015 164 11127 https://doi.org/10.1007/s11127-015-0281-8 text/html Onlinezugriff via DOI BK010053 XK010053 XK010000 Metadata rights reserved Springer special CC-BY-NC licence nationallicence 1 research-article jats NATIONALLICENCE NATIONALLICENCE NL-springer NATIONALLICENCE 856 40 https://doi.org/10.1007/s11127-015-0281-8 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Jensen Nathan George Washington University, Washington, USA aut NATIONALLICENCE 700 1- Malesky Edmund Duke University, Durham, USA aut NATIONALLICENCE 700 1- Walsh Matthew Springfield, MO, USA aut NATIONALLICENCE 773 0- Public Choice Springer US; http://www.springer-ny.com 164/3-4(2015-09-01), 331-356 0048-5829 164:3-4<331 2015 164 11127