| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w6788 |
| 来源ID | Working Paper 6788 |
| The Effects of Capital Subsidization on Israeli Industry | |
| Arie Bregman; Melvyn Fuss; Haim Regev | |
| 发表日期 | 1998-11-01 |
| 出版年 | 1998 |
| 语种 | 英语 |
| 摘要 | An industrial policy of subsidizing physical capital investment has been utilized in many countries in order to encourage export growth and spread economic development to outlying areas. For Israel, we possess a unique time series-cross section micro data set that details investment and its associated subsidies by vintage at the level of the individual enterprise for 620 firms. These data provide the means by which an empirical analysis of the effects of the policy of subsidizing capital can be undertaken. We estimate that, for the years 1990-94, this policy has resulted in production inefficiencies ranging from 5% for firms that receive the average level of subsidies to 15% for heavily subsidized firms. We also document the fact that much of the subsidization appears not to have been necessary, in the sense that subsidized firms generally have earned higher rates of return on their total physical capital (including that portion which was subsidized) than firms that were not subsidized. |
| 主题 | Industrial Organization ; Regulatory Economics ; Development and Growth ; Country Studies |
| URL | https://www.nber.org/papers/w6788 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/564297 |
| 推荐引用方式 GB/T 7714 | Arie Bregman,Melvyn Fuss,Haim Regev. The Effects of Capital Subsidization on Israeli Industry. 1998. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w6788.pdf（140KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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