Review Article
Economic Impact of the Louisiana Motion Picture Incentive (MPI) Program
1University of Louisiana at Lafayette, Department of Economics, USA
2Department of Management,University of Louisiana-Lafayette, USA
Received Date: October 17, 2019; Published Date: October 31, 2019
Synopsis
After the passage of its Motion Picture Incentive Act of 2002 and subsequent amendments, Louisiana granted tax credits for certain expenditures and payroll. This paper investigates the impact of Louisiana’s incentives program on the state’s economy over the 2002-2015 period through correlation and regression analyses. Statistically significant models were found to exist, leading the authors to conclude that the state’s incentives program performed very well.
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