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The causal effects of an industrial policy
Criscuolo, Chiara; Martin, Ralf; Overman, Henry G; Van … - C.E.P.R. Discussion Papers - 2012
Business support policies designed to raise productivity and employment are common worldwide, but rigorous micro … positive program treatment effect on employment, investment and net entry but not on TFP. OLS underestimates program effects … for larger firms (e.g. over 150 employees). We also find the policy raises area level manufacturing employment mainly …
Persistent link: https://www.econbiz.de/10011084352
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Is the Allocation of Public Capital Across the Spanish Regions too Redistributive?
de la Fuente, Angel - C.E.P.R. Discussion Papers - 2002
This Paper compares the observed distribution of the stock of infrastructures across the Spanish regions with the optimal allocation derived from a planning problem in which the observed degree of ex-post redistribution is taken as given. The results suggest that Spanish public investment policy...
Persistent link: https://www.econbiz.de/10005792256
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Regional Policy, Integration and the Location of Industry in a Multiregion Framework
Forslid, Rikard - C.E.P.R. Discussion Papers - 2004
This Paper analyses the interaction of economic integration and some typical regional policies in a new economic geography model with three regions of different size. The policies analysed are when the government controls the location of industry through location permits, infrastructure...
Persistent link: https://www.econbiz.de/10005792368
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Regional Policy Design: An Analysis of Relocation, Efficiency and Equity
Ulltveit-Moe, Karen-Helene - C.E.P.R. Discussion Papers - 2004
Despite substantial regional expenditures at both national and community level, European regional policies do not appear to deliver. The evidence suggests that neither efficiency gains nor reduced regional inequalities are attained. If there is any positive impact at all, then it is at the most...
Persistent link: https://www.econbiz.de/10005123639
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European Regional Policies in Light of Recent Location Theories
Puga, Diego - C.E.P.R. Discussion Papers - 2001
Despite large regional policy expenditures, regional inequalities in Europe have not narrowed substantially over the last two decades, and by some measures have even widened. Income differences across states have fallen, but inequalities between regions within each state have risen. European...
Persistent link: https://www.econbiz.de/10005124014
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How do Firms Agglomerate? A Study of FDI in France
Crozet, Matthieu; Mayer, Thierry; Mucchielli, Jean-Louis - C.E.P.R. Discussion Papers - 2003
This Paper studies the determinants of location choice by foreign investors in France. A new sample of almost 4000 location choices over ten years and 92 administrative locations is used to measure two important issues: To what extent do foreign investors cluster spatially and are the...
Persistent link: https://www.econbiz.de/10005124361
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The Effect of Structural Fund Spending on the Spanish Regions: An Assessment of the 1994-99 Objective 1 CSF
de la Fuente, Angel - C.E.P.R. Discussion Papers - 2002
This Paper analyses the growth and employment effects of the 1994-99 Community Support Framework (CSF) for the … growth in the average Objective 1 region, and 0.4 points to employment growth. Over the period 1994-2000, the Framework has …
Persistent link: https://www.econbiz.de/10005067429
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Personal Redistribution and the Regional Allocation of Public Investment
Caminal, Ramon - C.E.P.R. Discussion Papers - 2000
Should the geographic allocation of public investment aim at reducing regional inequalities or should it exclusively be concerned with the maximization of aggregate output? In this Paper I study the potential role of public investment in reducing personal welfare inequality, in combination with...
Persistent link: https://www.econbiz.de/10005498048
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Public investment and regional growth and convergence: Evidence from Greece
Psycharis, Yannis; Rodriguez-Pose, Andres; Tselios, Vassilis - C.E.P.R. Discussion Papers - 2012
This paper estimates the impact of public investment on regional economic growth and convergence at the NUTS III level in Greece. Using a new database of public expenditure per region for the period 1978-2007, it proposes a model which captures not just the impact of public investment in Greek...
Persistent link: https://www.econbiz.de/10011084166
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Technology Shocks and Employment
Collard, Fabrice; Dellas, Harris - C.E.P.R. Discussion Papers - 2003
than output, while employment shows a persistent decline. This finding has raised doubts concerning the relevance of the … economy, the flexible price RBC model can match the negative conditional correlation between productivity and employment quite …
Persistent link: https://www.econbiz.de/10005662191