The Effectiveness of Investment Subsidies: Evidence from Survey;Data
AbstractThis paper investigates the effects of investment subsidies on the accumulation decisions of a sample of Italian manufacturing firms. We use survey information on the subjective evaluation of the investment activity that the recipient firm would have undertaken, had it not been financed. We find that the effectiveness of subsidies to stimulate investment is limited. Without subsidies, three quarters of the financed firms would have carried out the same amount of investment at the same date; the remaining share of firms would have mostly carried out the same amount of nvestment in a future date.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by SIE - Societa' Italiana degli Economisti (I) in its journal Rivista Italiana degli Economisti.
Volume (Year): 12 (2007)
Issue (Month): 3 (December)
Find related papers by JEL classification:
- C8 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs
- D2 - Microeconomics - - Production and Organizations
- H2 - Public Economics - - Taxation, Subsidies, and Revenue
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Pavlina R. Tcherneva, 2012. "Inflationary and Distributional Effects of Alternative Fiscal Policies: An Augmented Minskyan-Kaleckian Model," Economics Working Paper Archive wp_706, Levy Economics Institute.
- Peter Bolcha & Alena Zemplinerová, 2012. "The Effect of Investment Incentives on Investment in Czech Republic," Politická ekonomie, University of Economics, Prague, vol. 2012(1), pages 81-100.
- Leandro D’Aurizio & Marco Marinucci, 2013. "Italian firms’ innovation strategies in 2008-2010," Questioni di Economia e Finanza (Occasional Papers) 197, Bank of Italy, Economic Research and International Relations Area.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (SIE).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.