The effect of public subsidies on firms’ investment–cash flow sensitivity : transient or persistent?
Year of publication: |
2013
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Authors: | Colombo, Massimo G. ; Croce, Annalisa ; Guerini, Massimiliano |
Published in: |
Research policy : policy, management and economic studies of science, technology and innovation. - Amsterdam [u.a.] : Elsevier, ISSN 0048-7333, ZDB-ID 121149-3. - Vol. 42.2013, 9, p. 1605-1623
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Subject: | Public subsidies | High-tech firms | Investments | Financial constraints | Error correction model | Forschungsfinanzierung | Research funding | Industrieforschung | Industrial research | Technologiepolitik | Technology policy | Hochtechnologie | High technology | Subvention | Subsidy | Investition | Investment | Schätzung | Estimation | Unternehmensfinanzierung | Corporate finance | Kointegration | Cointegration | Cash Flow | Cash flow | Liquiditätsbeschränkung | Liquidity constraint |
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