If all states offer essentially the same economic development incentives, then no state gains an advantage. Yet
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If all states offer essentially the same economic development incentives, then no state gains an advantage. Yet this is exactly what seems to happen in many cases. Why might states continue to offer these incentives when it is not to their collective advantage or when the overall effects on economic welfare are negative?
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States may continue to offer economic development incentives even if they dont confer a collective advantage for several reasons Political Pressure El...View the full answer
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