The final version of a landmark study has just been released by several professors at the USC  Marshall School of Business.  The report concludes that Enterprise Zones have “positive, statistically significant, impacts on local labor markets in terms of the unemployment rate, the poverty rate, the fraction with wage and salary income, and employment.”  The news couldn’t come at a better time when the sagging economy has forced every local and national government to explore new ways to stimulate economic activity.  Importantly, the report counters are previous report that Enterprise Zones did not positively impact the economy.  The USC report, however, relied on sounder assumptions, considered many different programs in tandem and also looked nationally, not just at California as the previous study had.  The full report can be viewed here.

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