G2TT
来源类型Discussion paper
规范类型论文
来源IDDP13082
DP13082 European Funds and Firm Dynamics: Estimating Spillovers from Increased Access
José Tavares; Joao Pereira dos Santos
发表日期2018-07-27
出版年2018
语种英语
摘要We take advantage of a quasi-natural experiment to assess the impact of European funds on firm dynamics in regions that, while not having their status changed, saw their neighbours increased access to European funds. Causality is established in a difference-in-differences intention to treat setting, using a rich dataset that considers the universe of Portuguese mainland municipalities from 2003 to 2010, and controlling for socio-economic, political and demographic variables. Our findings suggest a causal impact of between 1 and 2 percent in private sector firms´ entry and net entry rates, while we find no impact on firm exit rates. We consider time and space placebos to assure the reliability of our estimates. Our findings suggest that EU regional funds have a greater impact in times of distress, such as the world economic crisis, as far as entry rates are concerned. The analysis of the cross-section of firm demonstrates it is domestic owned micro firms in the primary and tertiary sectors that are most impacted by regional funds.
主题Public Economics
关键词Quasi-natural experiment European funds Firm creation Municipalities
URLhttps://cepr.org/publications/dp13082
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/541887
推荐引用方式
GB/T 7714
José Tavares,Joao Pereira dos Santos. DP13082 European Funds and Firm Dynamics: Estimating Spillovers from Increased Access. 2018.
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