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An economic development incentive is known as "cash or near-cash assistance provided on a discretionary basis to attract or retain business operations." [ 1 ] These benefits principally encompass tax and economic incentives provided by federal , state , or local governmental bodies.
Incentives are most studied in the area of personnel economics where economic analysts, such as those who take part in human resources management practices, focus on how firms make employees more motivated, through pay and career concerns, compensation and performance evaluation, to motivate employees and best achieve the firms' desired ...
A coal power plant in Germany. Due to emissions trading, coal may become a less competitive fuel than other options. Emissions trading is a market-oriented approach to controlling pollution by providing economic incentives for reducing the emissions of pollutants. [1]
The book is a collection of articles written by Levitt, an economist who had gained a reputation for applying economic theory to diverse subjects not usually covered by "traditional" economists. In Freakonomics, Levitt and Dubner argue that economics is, at root, the study of incentives. The book's chapters cover:
A tax incentive is an aspect of a government's taxation policy designed to incentivize or encourage a particular economic activity by reducing tax payments. Tax incentives can have both positive and negative impacts on an economy.
Incentivisation or incentivization is the practice of building incentives into an arrangement or system in order to motivate the actors within it. It is based on the idea that individuals within such systems can perform better not only when they are coerced but also when they are given rewards.
Malaysia is betting that potential economic growth from data centers justifies the risk. Once touted as an Asian tiger on the cusp of becoming rich, its industries shrunk in the late 1990s after ...
Market-based instruments are also referred to as economic instruments, price-based instruments, new environmental policy instruments (NEPIs) or new instruments of environmental policy. Examples include environmentally related taxes , charges and subsidies , emissions trading and other tradeable permit systems, deposit-refund systems ...