tag:blogger.com,1999:blog-1331441403058020963.post8878220231740667352..comments2024-03-28T06:49:24.930-04:00Comments on International Political Economy at the University of North Carolina: If you incentivize it, will they come?Thomas Oatleyhttp://www.blogger.com/profile/14092437150746625670noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1331441403058020963.post-47119162642472142212012-12-06T19:16:26.520-05:002012-12-06T19:16:26.520-05:00Yes. I didn't get into sectoral differences, b...Yes. I didn't get into sectoral differences, but that does matter. What is interesting, however, is that the logic of incentives is about trying to entice mobile investment to locate in your jurisdiction. Since extraction companies have to go to where the natural resources are, it would seem that incentives should be least used in that particular sector. I've noticed while coding national investment incentives that there is huge variation across developing countries with respect to incentives for extractive industries. I have some ideas as to why, but they are not fully worked out yet.Sarah Bauerle Danzmanhttps://www.blogger.com/profile/11268909823574840085noreply@blogger.comtag:blogger.com,1999:blog-1331441403058020963.post-67484668331238706212012-12-06T17:13:51.556-05:002012-12-06T17:13:51.556-05:00Alaska, W Virginia, and Texas have something else ...Alaska, W Virginia, and Texas have something else in common: a lot of industry comes from resource extraction. I wonder if that's part of the story. The fixed costs of running RTP are not very high. The fixed costs of building an oil refinery are much higher. Hence: more incentives.Kindred Winecoffhttps://www.blogger.com/profile/14330671232391851377noreply@blogger.com