Criscuolo, Chiara; Martin, Ralf; Overman, Henry G.; … - Centre for Economic Performance, LSE - 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 …
