The choice of economic development incentives involves a complex system of political and economic considerations. Policy tools theory has largely focused on the individual characteristics of each particular tool and has not considered interactions among instruments or explained why multiple tools are used simultaneously in practice. Extant research has overlooked interdependence among policies and the fact that policies may serve as substitutes or compliments to each other. Building on theories of policy tools and policy diffusion, a theory of policy bundling is developed in this dissertation to explain why multiple tools are used in conjunction with one another to solve public problems. A diverse set of motivations and strategies are formed to explicate why bundling occur. The theory of policy tool bundling is empirically tested using panel data from the state of Georgia. The presence of policy tool bundling is assessed by modeling four economic incentives simultaneously with a multivariate probit model estimated using Bayesian methods. The results demonstrate that bundling is occurring between free or reduced cost land and expedited permitting and also between free or reduced cost land and industrial development bonds. No evidence of bundling was found between other incentives indicating that while policy bundling does occur in economic development, many of the observed relationships between policies are not strategic. / A Dissertation submitted to the Reubin O'D. Askew School of Public Administration and Policy in partial fulfillment of the
requirements for the degree of Doctor of Philosophy. / Fall Semester, 2010. / November 1, 2010. / Economic development, multivariate probit, Bayesian analysis, policy tools, policy diffusion / Includes bibliographical references. / Richard Feiock, Professor Directing Dissertation; Tom Zuehlke, University Representative; Kaifeng Yang, Committee Member; Frances Stokes Berry, Committee Member.
| Identifer | oai:union.ndltd.org:fsu.edu/oai:fsu.digital.flvc.org:fsu_254171 |
| Contributors | Kassekert, Anthony J. (authoraut), Feiock, Richard (professor directing dissertation), Zuehlke, Tom (university representative), Yang, Kaifeng (committee member), Berry, Frances Stokes (committee member), School of Public Administration and Policy (degree granting department), Florida State University (degree granting institution) |
| Publisher | Florida State University, Florida State University |
| Source Sets | Florida State University |
| Language | English, English |
| Detected Language | English |
| Type | Text, text |
| Format | 1 online resource, computer, application/pdf |
| Rights | This Item is protected by copyright and/or related rights. You are free to use this Item in any way that is permitted by the copyright and related rights legislation that applies to your use. For other uses you need to obtain permission from the rights-holder(s). The copyright in theses and dissertations completed at Florida State University is held by the students who author them. |
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