Per citar aquest document: http://ddd.uab.cat/record/98038
Evaluating the impact of public subsidies on a firm's performance : a quasi-experimental approach
Duch Brown, Néstor (Universitat de Barcelona)
Montolio Estivill, Daniel (Universitat de Barcelona)
Mediavilla, Mauro (Universitat de Barcelona)
Xarxa de Referència en Economia Aplicada (XREAP)

Publicació: Xarxa de Referència en Economia Aplicada (XREAP) 2007
Descripció: 34 p.
Col·lecció: XREAP ; 2007-07
Resum: Many regional governments in developed countries design programs to improve the competitiveness of local firms. In this paper, we evaluate the effectiveness of public programs whose aim is to enhance the performance of firms located in Catalonia (Spain). We compare the performance of publicly subsidised companies (treated) with that of similar, but unsubsidised companies (non-treated). We use the Propensity Score Matching (PSM) methodology to construct a control group which, with respect to its observable characteristics, is as similar as possible to the treated group, and that allows us to identify firms which retain the same propensity to receive public subsidies. Once a valid comparison group has been established, we compare the respective performance of each firm. As a result, we find that recipient firms, on average, change their business practices, improve their performance, and increase their value added as a direct result of public subsidy programs.
Drets: Aquest document està subjecte a una llicència d'ús de Creative Commons, amb la qual es permet copiar, distribuir i comunicar públicament l'obra sempre que se'n citin l'autor original, la universitat i la xarxa i no se'n faci cap ús comercial ni obra derivada, tal com queda estipulat en la llicència d'ús Creative Commons
Llengua: Anglès.
Document: workingPaper
Matèria: Public policy ; Evaluation studies ; Firm performance ; Propensity Score Matching ; Políticas públicas ; Evaluación ; Resultados empresariales

Adreça alternativa: http://hdl.handle.net/2072/13020


34 p, 622.3 KB

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