Current CAMPAIGN
Works In Progress.
I am also working on several other projects related to foreign investment. One of these papers, “When Investing Is “Winner Take All'': Interstate Competition for Investment and the Use of Incentives” (with Sarah Bauerle Danzman) examines the conditions under which states must offer generous incentives packages to attract foreign investors. Using deal-level financial incentive data, we explore the systematic covariates of state- and firm-level attributes that explain variations in incentives. We look at the factors that drive investment incentives across countries in Latin America, and then compare subnational differences in deals in Brazil. In contrast to the most prominent explanation of incentives, compensation for an otherwise less attractive investment locations, we find that incentives are primarily driven by competition between states and regions for investment.
