The Impact of Wal-Mart on Local Fiscal Health: Evidence from a Panel of Ohio Counties

摘要: This research analyzes selected fiscal impacts of Wal-Mart in Ohio from 1985 through 2003. Using a panel counties, and accounting for spatial autocorrelation an instrumental variable model I estimate impact Super-Centers on revenues transfer payments. On find that the presence increases local commercial property tax assessments, resulting collection between $350,000 to roughly $1.3 million. also is associated with higher levels labor force participation. expenditures dramatically per capita EITC claims county (between 18 43 percent), while dollar value these experiences mixed Supercenter. Similarly, Foodstamps mixed, but small any case. There are no in-county Temporary Assistance Needy Families its predecessor Aid Dependent Children. However, Medicaid experience growth which may amount 16 additional cases attributable single Wal- Mart. The worker costs estimated this study consistent reported number states, estimates by Dube Jacobs [2004], Carlson [2005] Hicks [2005a]. magnitude statistical certainty findings, accompanied review previous suggests intervention, either incentives or much touted “Wal-Mart Tax” unwarranted.