BEGIN:VCALENDAR VERSION:2.0 METHOD:PUBLISH PRODID:-//Telerik Inc.//Sitefinity CMS 14.4//EN BEGIN:VTIMEZONE TZID:Eastern Standard Time BEGIN:STANDARD DTSTART:20231102T020000 RRULE:FREQ=YEARLY;BYDAY=1SU;BYHOUR=2;BYMINUTE=0;BYMONTH=11 TZNAME:Eastern Standard Time TZOFFSETFROM:-0400 TZOFFSETTO:-0500 END:STANDARD BEGIN:DAYLIGHT DTSTART:20230301T020000 RRULE:FREQ=YEARLY;BYDAY=2SU;BYHOUR=2;BYMINUTE=0;BYMONTH=3 TZNAME:Eastern Daylight Time TZOFFSETFROM:-0500 TZOFFSETTO:-0400 END:DAYLIGHT END:VTIMEZONE BEGIN:VEVENT DESCRIPTION:Trade Development and Political Economy presents: Location-Base d Tax Incentives: Evidence from IndiaSpeaker: Ritam Chaury (SUNY Binghamto n)Abstract: While\npolicies targeting particular geographic regions are wi dely used by\ngovernments\, there have been\nfew rigorous evaluations of t heir causal impacts. In this paper\, I study the impact\nof a\nlocation-ba sed tax incentive scheme in India. Using aggregated and firm-level\npanel data\, I find\nlarge increases in employment\, total output\, fixed capita l\, and the number of firms\nas a\nresult of the program. These increases are due to both the growth of existing\nfirms as\nwell as\nthe entry of ne w firms. There is supporting evidence that the new firms\nentering the\ntr eated regions\nare larger and more productive. I find no evidence for relo cation of firms or\nspillovers in industrial activity between treatment\na nd control areas. Finally\, using data from\nhousehold surveys\,\nI show t hat wages of workers rise but find no changes in housing rents\nor migrati on\nacross the treated and control regions. My results therefore suggest t hat the\npolicy increased\nwelfare\, and I also conclude that the policy w as cost-effective. This provides\nsupport for\n“place-based” policies to c orrect for\nregional economic disparities\, especially in\nsettings with\n low labor mobility.Bio: Ritam\nChaurey is\nAssistant Professor of Economic s at SUNY-Binghamton. He specializes in\nDevelopment Economics. He holds a PhD in Economics from Columbia University.Sponsored by Moyinhan Institute of Global Affairs and the Economics Department DTEND:20151007T171500Z DTSTAMP:20240329T154647Z DTSTART:20151007T161500Z LOCATION: SEQUENCE:0 SUMMARY:TDPE presents: Ritam Chaury UID:RFCALITEM638473096070526807 X-ALT-DESC;FMTTYPE=text/html:
Trade Development and Political E conomy presents: Location-Based Tax Incentives: Evidence from India
Speaker: Ritam Chaury (SUNY Binghamton)
Abstract: While\npolicies targeting particular geographic regions are widely used by \ngovernments\, there have been\nfew rigorous evaluations of their causal impacts. In this paper\, I study the impact\nof a\nlocation-based tax ince ntive scheme in India. Using aggregated and firm-level\npanel data\, I fin d\nlarge increases in employment\, total output\, fixed capital\, and the number of firms\nas a\nresult of the program. These increases are due to b oth the growth of existing\nfirms as\nwell as\nthe entry of new firms. The re is supporting evidence that the new firms\nentering the\ntreated region s\nare larger and more productive. I find no evidence for relocation of fi rms or\nspillovers in industrial activity between treatment\nand control a reas. Finally\, using data from\nhousehold surveys\,\nI show that wages of workers rise but find no changes in housing rents\nor migration\nacross t he treated and control regions. My results therefore suggest that the\npol icy increased\nwelfare\, and I also conclude that the policy was cost-effe ctive. This provides\nsupport for\n“place-based” policies to correct for\n regional economic disparities\, especially in\nsettings with\nlow labor mo bility.
Bio: Ritam\nChaurey is\nAssistant Professor of Econom ics at SUNY-Binghamton. He specializes in\nDevelopment Economics. He holds a PhD in Economics from Columbia University.
Sponsored by Moy inhan Institute of Global Affairs and the Economics Department
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