G2TT
来源类型Discussion paper
规范类型论文
来源IDDP16129
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
URLhttps://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.
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