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Assessing the effects of government support for small and medium businesses: Application of the synthetic control group method

Author

Listed:
  • Molodchik, Mariia

    (HSE University, Perm, Russian Federation)

  • Bykova, Anna

    (The Agency for the Development of Small and Medium-Sized Enterprises of the Perm Krai; HSE University, Perm, Russian Federation)

  • Ivanov , Egor

    (HSE University, Perm, Russian Federation)

  • Markanova, Daria

    (OOO CFK “Zolotye dvery”, Perm, Russian Federation)

Abstract

This article analyses the current landscape of government support for small and medium-sized enterprises (SMEs) and evaluates its effectiveness in terms of the “Priority Investment Project” program designed to stimulate investments in innovative and infrastructure initiatives. The contradictory results of previous empirical studies and the high demand for applied tools by public authorities have determined the need to adapt the synthetic control method to evaluate the effects that arise for small and medium-sized enterprises when obtaining the status of a “Priority Investment Project”. Using the example of seven enterprises the opportunities of a synthetic control group are demonstrated.

Suggested Citation

  • Molodchik, Mariia & Bykova, Anna & Ivanov , Egor & Markanova, Daria, 2025. "Assessing the effects of government support for small and medium businesses: Application of the synthetic control group method," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 78, pages 28-49.
    • Handle: RePEc:ris:apltrx:0520
    as

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    More about this item

    Keywords

    state support; SMEs; synthetic control method;
    All these keywords.

    JEL classification:

    • L38 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Policy

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