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Supply, Complementaries, and Repetitiones of Public Support in Finland

Author

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  • Koski, Heli
  • Pajarinen, Mika

Abstract

We use the databases of Statistics Finland to explore the supply of public support for firms in Finland during the years 20002008. Particularly, this report provides a de-scriptive analysis of complementarities and repetitiousness of public support from the perspective of the applying firms. We observe that both the order of magnitude of public resources allocated annually for supporting firms and the number of firms applying for and receiving public support have increased during sample years. The relative financing shares of the organizations allocating support have remained relatively constant. We find that the probability to apply for and to receive public support increases with firm size, age and R&D intensity. The data also show that there are complementarities between certain support forms and organizations allocating public support and that various firms tend to receive support from the Finnish government repeatedly over time.

Suggested Citation

  • Koski, Heli & Pajarinen, Mika, 2010. "Supply, Complementaries, and Repetitiones of Public Support in Finland," Discussion Papers 1217, The Research Institute of the Finnish Economy.
    • Handle: RePEc:rif:dpaper:1217
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    More about this item

    Keywords

    public support; public finance; industrial policy; Finland;
    All these keywords.

    JEL classification:

    • H81 - Public Economics - - Miscellaneous Issues - - - Governmental Loans; Loan Guarantees; Credits; Grants; Bailouts
    • L53 - Industrial Organization - - Regulation and Industrial Policy - - - Enterprise Policy
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • Y10 - Miscellaneous Categories - - Data: Tables and Charts - - - Data: Tables and Charts

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