tag:blogger.com,1999:blog-6685155377705481833.post1484890634754008215..comments2023-09-22T03:17:50.469-04:00Comments on Middle Class Political Economist: Shocking incentive failure rate in North CarolinaKenneth Thomashttp://www.blogger.com/profile/05747704671007690674noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6685155377705481833.post-68555710616235910982015-02-20T22:46:01.987-05:002015-02-20T22:46:01.987-05:00That would be a useful number to have, but whateve...That would be a useful number to have, but whatever it is, you'd expect JDIG to have a lower failure rate since it has so many large company recipients.Kenneth Thomashttps://www.blogger.com/profile/05747704671007690674noreply@blogger.comtag:blogger.com,1999:blog-6685155377705481833.post-21706495926292990942015-02-20T14:29:16.535-05:002015-02-20T14:29:16.535-05:00Wouldn't you need to know what the failure rat...Wouldn't you need to know what the failure rate in North Carolina is for new businesses that aren't favored by government?Patrick R. Sullivanhttp://hisstoryisbunk.blogspot.com/noreply@blogger.comtag:blogger.com,1999:blog-6685155377705481833.post-23418764657187726782015-02-19T21:22:23.377-05:002015-02-19T21:22:23.377-05:00This study covers a 12-year period, 2002-13. So th...This study covers a 12-year period, 2002-13. So the failure rate isn't only the Great Recession. If NC's result is typical for all states, that means there are a lot of subsidies in other states that ought to have been sanctioned/clawed back.<br /><br />I will try to find more recent data from Investment Quebec. You are right that this will be an interesting comparison.Kenneth Thomashttps://www.blogger.com/profile/05747704671007690674noreply@blogger.comtag:blogger.com,1999:blog-6685155377705481833.post-65450388681787231132015-02-19T13:46:23.681-05:002015-02-19T13:46:23.681-05:00There are plenty of valid criticisms of these type...There are plenty of valid criticisms of these types of incentive programs; however, the 60% failure rate may not bolster your case. The high failure rate was as much a fault of the Great Recession as it was poor evaluation, etc. NC lost 6.5% of its employment during the recession, which is over three times the loss from a typical downturn. As a result, many of the grants were terminated when job numbers did meet grant employment parameters.<br /><br />By comparison, it might be interesting to see Investment Quebec's failure rate after 2007.Anonymousnoreply@blogger.com