| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP15384 |
| DP15384 Fiscal transfers, local government, and entrepreneurship | |
| Piotr Danisewicz; Steven Ongena | |
| 发表日期 | 2020-10-19 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | Can local government spending spur entrepreneurial activity? To answer this question we study Poland where municipalities with lower tax revenues receive direct monetary grants from the national budget that vary at multiple pre-determined and non-manipulable thresholds. Employ-ing a fuzzy regression discontinuity design, we find a positive impact of fiscal transfers on the number of firms, especially sole proprietorships and small firms. The impact is stronger in mu-nicipalities where the opposition is more involved in the legislative process or more parties are represented in the municipal council, and in regions where historical legacies shaped a more positive attitude towards entrepreneurship. |
| 主题 | Financial Economics |
| 关键词 | Fiscal transfers Local government spending entrepreneurship “fuzzy” regression disconti-nuity design |
| URL | https://cepr.org/publications/dp15384 |
| 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/544368 |
| 推荐引用方式 GB/T 7714 | Piotr Danisewicz,Steven Ongena. DP15384 Fiscal transfers, local government, and entrepreneurship. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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