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Going NUTS: The Effect of EU Structural Funds on Regional Performance
Becker, Sascha O.; Egger, Peter; Ehrlich, Maximilian Von; … - CESifo - 2008
The European Union (EU) provides grants to disadvantaged regions of member states to allow them to catch up with the EU average. Under the Objective 1 scheme, NUTS2 regions with a GDP per capita level below 75% of the EU average qualify for structural funds transfers from the central EU budget....
Persistent link: https://www.econbiz.de/10005766292
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Do Entrepreneurs Matter?
Becker, Sascha O.; Hvide, Hans K. - CESifo - 2013
In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm performance. Using longitudinal data, we find large and...
Persistent link: https://www.econbiz.de/10010607007
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Political Persistence, Connections and Economic Growth
Bellettini, Giorgio; Ceroni, Carlotta Berti; Prarolo, … - CESifo - 2009
defend their monopoly position and prevent innovation and entry of high-quality competitors. This requires that the incumbent … quality upgrade related to innovation. Consistently with our empirical findings, the model delivers a negative association …
Persistent link: https://www.econbiz.de/10005765682
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Persistence of Politicians and Firms' Innovation
Bellettini, Giorgio; Ceroni, Carlotta Berti; Prarolo, … - CESifo - 2011
We empirically investigate whether the persistence of politicians in political institutions affects the innovation …’ innovation activity. However, once the causal effect is isolated by means of instrumental variables, using death of politicians … persistence and the probability of process innovation. This finding is consistent with the view that political stability may …
Persistent link: https://www.econbiz.de/10008853864