Place-Based Policies and Migration: Evidence from India
利用印度一项地点税收豁免政策，研究发现该政策导致因工作原因的迁移增加，主要由工作调动驱动，但并未改善当地居民的整体就业和工资水平，反而推高了住房成本。
Abstract Place-based policies may increase migration into eligible areas and, hence, affect their intended aim of reducing economic disparities. Using a regression discontinuity design that exploits an Indian place-based tax-exemption policy, this paper finds that there was an increase in migration for job-related reasons, mainly driven by job transfers. While firm entry and hiring increased in the treated districts, overall employment probability and wages did not change for the average initial resident, although there is some evidence of sectoral shifts in employment. Furthermore, the cost of housing increased in the treated districts. These results provide empirical evidence for the implications of labor mobility for place-based policies.