Competition and economic development efforts in the garden state: perceptions of municipal public officials

Abstract

Competition for private investment, it has been argued, is often the fiercest between neighboring cities or cities within the same region. One result of maintaining a competitive edge (stimulating private investment) over other localities, is that local public officials rely on tax and non-tax incentive packages. If this is true, it seems that municipal public officials in New Jersey would perceive this competition and offer incentive packages given their location near major cities like Boston, New York, Philadelphia, and Washington, DC. This article explores the perceptions of local public officials in New Jersey about competition and the impact of tax and non-tax incentives in the context of population, unemployment, income, geographic location, and government structure.

Citation

Robbins, D. (2004), "Competition and economic development efforts in the garden state: perceptions of municipal public officials", Journal of Public Budgeting, Accounting & Financial Management, Vol. 16 No. 3, pp. 377-393. https://doi.org/10.1108/JPBAFM-16-03-2004-B004