The (Displacement) Effects of Spatially Targeted Enterprise Initiatives: Evidence from UK LEGI
The (Displacement) Effects of Spatially Targeted Enterprise Initiatives: Evidence from UK LEGI
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空间目标企业计划的(替代)效应:来自英国 LEGI 的证据
DOI:
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发表时间:
2016
期刊:
影响因子:
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通讯作者:
H. Overman
中科院分区:
文献类型:
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作者:
Elias Einiö;H. Overman
We investigate the impacts of a significant area-based intervention (LEGI) that aimed to increase employment and entrepreneurial activity in 30 disadvantaged areas across England. We examine the spatial pattern of effects at a fine spatial scale using panel data for small geographic units and a regression discontinuity design that exploits the programme eligibility rule. The results indicate considerable local displacement effects. Employment increases in treated areas close to the treatment area boundary at the cost of significant employment losses in untreated localities just across the boundary. These differences vanish quickly when moving away from the boundary and do not persist after the programme is abolished. These findings support the view that area-based interventions may have considerable negative displacement effects on untreated parts of the economy. This displacement can substantially reduce (or in this case eliminate) any net benefits.