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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP16129 |
DP16129 Direct, Spillover and Welfare Effects of Regional Firm Subsidies | |
Sebastian Siegloch; Nils Wehrhöfer; Tobias Etzel | |
发表日期 | 2021-05-09 |
出版年 | 2021 |
语种 | 英语 |
摘要 | We analyze the effects of a large place-based policy, subsidizing up to 50% of investment costs of manufacturing firms in East Germany after reunification. We show that a 1-percentage-point decrease in the subsidy rate leads to a 1% decrease in manufacturing employment. We document important spillovers for untreated sectors in treated counties, untreated counties connected via trade and local taxes, whereas we do not find spillovers on counties in the same local labor market. We show that the policy is at least as efficient as cash transfers to the unemployed, but is more effective in curbing regional inequality. |
主题 | Public Economics |
关键词 | Place-based policies Employment Spillovers Administrative microdata |
URL | https://cepr.org/publications/dp16129 |
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/545103 |
推荐引用方式 GB/T 7714 | Sebastian Siegloch,Nils Wehrhöfer,Tobias Etzel. DP16129 Direct, Spillover and Welfare Effects of Regional Firm Subsidies. 2021. |
条目包含的文件 | 条目无相关文件。 |
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