Matches in SemOpenAlex for { <https://semopenalex.org/work/W3140488587> ?p ?o ?g. }
Showing items 1 to 89 of
89
with 100 items per page.
- W3140488587 abstract "Developed countries have used several place-based policies to address the socioeconomic underdevelopment of their lagging regions ranging from tax exemptions to soft loans. Among these place-based policies, investment subsidies to private firms are one of the most popular in the EU. However, the empirical evidence to date is mixed and there is no general consensus on the effectiveness of such policy. Most evaluation studies have focused on the policy impact on subsidized firms, whereas the possible spillovers on other firms have been mostly overlooked. This is due to the dependence of these analyses on the Stable Unit Treatment Value Assumption (SUTVA), i.e. they assume away any possible interaction among firms. There are several situations in which this assumption is not plausible; however, there are severe empirical difficulties in disentangling the spillover effects from more relevant confounding factors. In this paper we propose evaluation strategies capable of detecting potential positive and negative spillovers. In presence of spillovers, the use of eligible but unsubsidized firms as control group will yield biased ATT estimates. We propose to build a counterfactual scenario drawing firms from the pool of firms located in non-assisted areas as similar as possible to the eligible areas. In addition to the ATT, our approach allows to estimate spillover parameters that contrast the positive agglomeration effect with the negative cross-sectional substitution and the crowding-out effect. Econometrically we adopt a Matching difference-in-differences (DID) using the recent coarsened exact matching (CEM) that dominates commonly used existing matching methods in its ability to reduce imbalance, model dependence, and bias. Our application concerns the Italian Law 488 (L488) and contrasting positive and negative spillover effects we find positive spillovers in terms of investments and negative spillovers in terms of employment, but these estimates are not statistically significant. This demonstrates that the positive effects of the subsidies on the subsidized firms' growth in terms of investments and turnover are not engendered to the detriment of the unsubsidized firms. The main methodological contribution to the literature is our novel evaluation strategy that can be adopted in other contexts to evaluate the micro spillovers of other policy instruments." @default.
- W3140488587 created "2021-04-13" @default.
- W3140488587 creator A5057772035 @default.
- W3140488587 creator A5068567952 @default.
- W3140488587 date "2013-01-01" @default.
- W3140488587 modified "2023-09-24" @default.
- W3140488587 title "Beyond the SUTVA: how industrial policy evaluations change when we allow for interaction among firms" @default.
- W3140488587 hasPublicationYear "2013" @default.
- W3140488587 type Work @default.
- W3140488587 sameAs 3140488587 @default.
- W3140488587 citedByCount "0" @default.
- W3140488587 crossrefType "posted-content" @default.
- W3140488587 hasAuthorship W3140488587A5057772035 @default.
- W3140488587 hasAuthorship W3140488587A5068567952 @default.
- W3140488587 hasConcept C100001284 @default.
- W3140488587 hasConcept C105795698 @default.
- W3140488587 hasConcept C108650721 @default.
- W3140488587 hasConcept C111472728 @default.
- W3140488587 hasConcept C138885662 @default.
- W3140488587 hasConcept C142724271 @default.
- W3140488587 hasConcept C149782125 @default.
- W3140488587 hasConcept C162324750 @default.
- W3140488587 hasConcept C165064840 @default.
- W3140488587 hasConcept C166052673 @default.
- W3140488587 hasConcept C175444787 @default.
- W3140488587 hasConcept C17744445 @default.
- W3140488587 hasConcept C187736073 @default.
- W3140488587 hasConcept C199539241 @default.
- W3140488587 hasConcept C27548731 @default.
- W3140488587 hasConcept C2776962539 @default.
- W3140488587 hasConcept C33923547 @default.
- W3140488587 hasConcept C34447519 @default.
- W3140488587 hasConcept C55527203 @default.
- W3140488587 hasConcept C610760 @default.
- W3140488587 hasConcept C71924100 @default.
- W3140488587 hasConcept C84265765 @default.
- W3140488587 hasConcept C94625758 @default.
- W3140488587 hasConcept C96250715 @default.
- W3140488587 hasConceptScore W3140488587C100001284 @default.
- W3140488587 hasConceptScore W3140488587C105795698 @default.
- W3140488587 hasConceptScore W3140488587C108650721 @default.
- W3140488587 hasConceptScore W3140488587C111472728 @default.
- W3140488587 hasConceptScore W3140488587C138885662 @default.
- W3140488587 hasConceptScore W3140488587C142724271 @default.
- W3140488587 hasConceptScore W3140488587C149782125 @default.
- W3140488587 hasConceptScore W3140488587C162324750 @default.
- W3140488587 hasConceptScore W3140488587C165064840 @default.
- W3140488587 hasConceptScore W3140488587C166052673 @default.
- W3140488587 hasConceptScore W3140488587C175444787 @default.
- W3140488587 hasConceptScore W3140488587C17744445 @default.
- W3140488587 hasConceptScore W3140488587C187736073 @default.
- W3140488587 hasConceptScore W3140488587C199539241 @default.
- W3140488587 hasConceptScore W3140488587C27548731 @default.
- W3140488587 hasConceptScore W3140488587C2776962539 @default.
- W3140488587 hasConceptScore W3140488587C33923547 @default.
- W3140488587 hasConceptScore W3140488587C34447519 @default.
- W3140488587 hasConceptScore W3140488587C55527203 @default.
- W3140488587 hasConceptScore W3140488587C610760 @default.
- W3140488587 hasConceptScore W3140488587C71924100 @default.
- W3140488587 hasConceptScore W3140488587C84265765 @default.
- W3140488587 hasConceptScore W3140488587C94625758 @default.
- W3140488587 hasConceptScore W3140488587C96250715 @default.
- W3140488587 hasLocation W31404885871 @default.
- W3140488587 hasOpenAccess W3140488587 @default.
- W3140488587 hasPrimaryLocation W31404885871 @default.
- W3140488587 hasRelatedWork W1482384765 @default.
- W3140488587 hasRelatedWork W1573742259 @default.
- W3140488587 hasRelatedWork W1582142368 @default.
- W3140488587 hasRelatedWork W1599308255 @default.
- W3140488587 hasRelatedWork W1984156553 @default.
- W3140488587 hasRelatedWork W1996755159 @default.
- W3140488587 hasRelatedWork W2048609989 @default.
- W3140488587 hasRelatedWork W2246080458 @default.
- W3140488587 hasRelatedWork W2493088987 @default.
- W3140488587 hasRelatedWork W2564210509 @default.
- W3140488587 hasRelatedWork W2604344806 @default.
- W3140488587 hasRelatedWork W2937690192 @default.
- W3140488587 hasRelatedWork W3008835729 @default.
- W3140488587 hasRelatedWork W3121669111 @default.
- W3140488587 hasRelatedWork W3122579594 @default.
- W3140488587 hasRelatedWork W3122629296 @default.
- W3140488587 hasRelatedWork W3124823747 @default.
- W3140488587 hasRelatedWork W3150918168 @default.
- W3140488587 hasRelatedWork W2187930397 @default.
- W3140488587 hasRelatedWork W3126027043 @default.
- W3140488587 isParatext "false" @default.
- W3140488587 isRetracted "false" @default.
- W3140488587 magId "3140488587" @default.
- W3140488587 workType "article" @default.