ACRE Student Spotlight: Erica Smith

By Caleb Taylor Is there a connection between getting re-elected and which counties get economic development incentives?  A forthcoming paper entitled “Do Politicians Use Targeted Economic Incentives for Political Gains? Evidence from Arkansas Gubernatorial Elections” co-authored by ACRE Undergraduate Research Fellow Erica Smith, ACRE Affiliated Researcher and UCA Lecturer I of Economics Jacob Bundrick, and […]

Bundrick Questions Benefits of Economic Development Incentives

By Caleb Taylor Are economic development incentives a cost or benefit to Arkansas?  ACRE Affiliated Researcher and UCA Lecturer I of Economics Jacob Bundrick was quoted in an article in the Arkansas Democrat-Gazette titled “Tax incentives audit cites impact on state; critics doubt programs key to luring firms,” published on December 14.  The article focuses […]

Targeted business subsidies fail to improve incomes or poverty rates

By Caleb Taylor A frequently used Arkansas business subsidy program largely fails to increase incomes or lower poverty rates over the long term, according to the latest research from two UCA academics.  ACRE-Affiliated Researcher and UCA Lecturer of Economics Jacob Bundrick and UCA Assistant Professor of Economics Dr. Weici Yuan’s researched the Quick Action Closing […]

The Hidden Costs of Arkansas’s Economic Development Incentives

By Caleb Taylor What are the costs of Arkansas’s economic development incentives? ACRE Policy Analyst Jacob Bundrick discussed this and more with the Faulkner County Tea Party on Thursday, May 9th at Larry’s Pizza in Conway. During his presentation, Bundrick discussed the fiscal costs, opportunity costs and the “crowding out” of existing businesses that arise […]

ACRE Fellow Receives Award at SOBIE Conference

By Caleb Taylor Dango Kumwenda, an ACRE Fellow and UCA MBA student, was awarded a “Student Presentation Award” at the 2019 Society of Business, Industry and Economics (SOBIE) conference on April 11th. Kumwenda is a part of ACRE’s Research Fellowship Program. In this program, students work with a professor to write a publishable research paper […]

Misallocated Incentives: How Arkansas Could Be Better

By Aaron Newell Where should state governments’ target economic incentives? Should they attempt to boost already thriving counties, or should they focus on developing poorer counties? Dango Kumwenda, an ACRE Fellow and UCA MBA student, recently wrote an op-ed for the Arkansas Democrat-Gazette titled “Bad incentives: Rich counties benefit most,” arguing that Arkansas is misallocating […]

ACRE Analyst Quoted in Article About Incentives and Land-Based Salmon Farms

By Aaron Newell Policy makers trying to create a better environment for businesses have many different options – but some are better than others. ACRE Policy Analyst Jacob Bundrick recently discussed some of these options with John Evans and Rachel Sapin of IntraFish.com. In an article published on March 12th, “Could incentives power more US […]

Good Data is Vital to Public Policy

by Aaron Newell ACRE Policy Analyst Jacob Bundrick recently wrote how better access to data can lead to better policy outcomes in Arkansas. In “Data holds the key: Good analysis vital for policy,” an Arkansas Democrat-Gazette op-ed on February 13, 2019, Bundrick explains that when it comes to targeted development incentives, Arkansas is lacking in […]