WKRN-TV Nashville: Studies of film tax credits show economic benefits for states
William Fox, director of the Center for Business and Economic Research, co-authored a study on behalf of the Motion Picture Association of America about the economic benefits of film production tax incentives for states and analyzed the most effective framework for evaluating the economic success of film incentive programs. WKRN-TV Nashville highlighted the work in this story.
The study, which Fox co-authored with Ernst and Young LLP, examines the objectives of film credit programs, explains the methodologies used to estimate the economic benefits of film credit programs and discusses the approaches used to analyze the film credits in a number of recent state studies about the effectiveness of film credits. Film credits are currently in use in 37 states.