By Caleb Taylor
Jacob Bundrick and Dr. Tom Snyder will speak before the State Agencies & Governmental Affairs – Senate Constitutional Issues Subcommittee at 1 p.m. Monday in the Old Supreme Courtroom at the State Capitol regarding their research examining the effects of targeted business subsidies on economic growth.
Bundrick and Snyder’s working paper titled “Do Business Subsidies Lead to Increased Economic Activity? Evidence from Arkansas’s Quick Action Closing Fund” takes an empirical dive into the relationship between Quick Action Closing Fund (QACF) subsidies and private employment and private establishments in Arkansas’s counties.
The study was released by the Mercatus Center at George Mason University and accepted for publication in the academic journal The Review of Regional Studies.
You can read the agenda for the meeting here. A summary infographic of Bundrick and Snyder’s work can be found here.