Public subsidies, TFP and efficiency: A tale of complex relationships
作者： Cristina Bernini , Augusto Cerqua , Guido Pellegrini
DOI: 10.1016/J.RESPOL.2017.02.001
关键词: Industrial policy 、 Capital (economics) 、 Monetary economics 、 Scale (social sciences) 、 Regional policy 、 Total factor productivity 、 Economics 、 Regression discontinuity design 、 Subsidy 、 Technological change 、 International trade
摘要: This paper evaluates the impact of subsidies on the different components of TFP for granted firms’ long-term growth. The impact of capital subsidies is captured by a quasi–experimental …
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