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 […]
What Do Governments Sacrifice to Give Businesses Subsidies?
By Caleb Taylor What are the trade-offs states make when offering economic development incentives to private businesses? Prof. Nathan Jensen discussed this and more on Tuesday, November 13th in the UCA College of Business auditorium to a crowd of over 70 attendees. Jensen is a Professor in the Department of Government at the University of […]
QACF Brings “No Increases” In Employment, Bundrick Says
By Caleb Taylor What is the Quick Action Closing Fund (QACF) and what reforms should be considered to protect taxpayers? Jacob Bundrick, a policy analyst at the Arkansas Center for Research in Economics, was on the Conduit News radio program Wednesday morning to answer these questions and more. The QACF allows the state to provide […]
New Research Paper Published on Arkansas Job Creation Program — and the Results Do Not Look Good
By Caleb Taylor Does Arkansas’s Quick Action Closing Fund (QACF) increase county-level private employment and establishments? ACRE Policy Analyst Jacob Bundrick and Scholar and UCA Assistant Professor of Economics Dr. Thomas Snyder investigate this question in their academic journal article “Do Business Subsidies Lead to Increased Economic Activity? Evidence from Arkansas’s Quick Action Closing Fund” […]