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Subsidizing National Champions : An Evolutionary Perspective
Aubert, Cecile - 2008
A national-champions-related industrial policy has become (again) en vogue among European politicians. Against this background, our work orders different types of national champions along the industry lifecycle. Different types of locally bound externalities appear along the lifecycle. In a...
Persistent link: https://www.econbiz.de/10012770493
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Does State Aid for Broadband Deployment in Rural Areas Close the Digital and Economic Divide?
Briglauer, Wolfgang - 2018
We evaluate the impact of a major European state aid programme for broadband deployment applied to rural areas in the German state of Bavaria in the years 2010 and 2011. Using matched difference-in-differences estimation strategies, we find that aided municipalities have – depending on...
Persistent link: https://www.econbiz.de/10012919054
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A Model to Evaluate Vehicle Emission Incentive Policies in Japan
Fullerton, Don - 2014
Using three years of data from the 47 prefectures of Japan, we estimate behavior of households who simultaneously make discrete decisions about vehicle ownership and continuous decisions about driving distance. We use the estimated parameters to calculate elasticities and to simulate the effects...
Persistent link: https://www.econbiz.de/10013051268
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The Persistent Effects of Place-Based Policy : Evidence from the West-German Zonenrandgebiet
von Ehrlich, Maximilian - 2015
Using a natural experiment from Germany, we show that temporary place-based subsidies generate persistent effects on economic density. We identify employment and capital formation as main channels for higher income per square kilometer. As the spatial regression discontinuity design allows us to...
Persistent link: https://www.econbiz.de/10013021421
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Green Paradox and Directed Technical Change : The Effect of Subsidies to Clean R&D
Daubanes, Julien - 2014
We borrow standard assumptions from the non-renewable-resource-taxation and from the directed-technical-change literatures, to take a full account of the incentives to perform R&D activities in a dirty-resource sector and in a clean-resource-substitute sector. We show that a gradual rise in the...
Persistent link: https://www.econbiz.de/10013063394
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Biofuels Subsidies and the Green Paradox
Grafton, Quentin; Kompas, Tom; Van Long, Ngo - 2021
This paper develops sufficient conditions under which the Weak Green Paradox may (and may not) hold in terms of subsidies for biofuel production such that the supply-side responses by fossil fuel producers may more than offset the substitution to biofuels. Analytical results are derived and...
Persistent link: https://www.econbiz.de/10013316243
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Personality Traits and the Evaluation of Start-Up Subsidies
Caliendo, Marco - 2016
start-up subsidy for unemployed individuals in Germany using propensity score matching under the CIA. Having access to rich …
Persistent link: https://www.econbiz.de/10012997304
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The Employment Effects of Low-Wage Subsidies
Huttunen, Kristiina - 2010
Finnish payroll tax subsidy scheme, which is targeted at the employers of older, full-time, low-wage workers. The system …'s clear eligibility criteria open up an opportunity for a reliable estimation of the causal impacts of the subsidy, using a … difference-in-difference-in-differences approach. Our results indicate that the subsidy system had no effects on the employment …
Persistent link: https://www.econbiz.de/10013143569
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What Should Fiscal Councils Do?
Calmfors, Lars - 2011
The paper analyses theoretically what role fiscal councils could play and surveys empirically the activities of existing councils. Case studies of the Swedish Fiscal Policy Council and the UK Office for Budget Responsibility are done. It is concluded that fiscal councils should be advisory,...
Persistent link: https://www.econbiz.de/10013128042
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The Diversity of Debt Crises in Europe
Stein, Jerome L. - 2011
The foreign debts of the European countries are at the core of the current crises. Generally, the crises are attributed to government budget deficits in excess of the values stated in the Stability and Growth Pact (SGP)/Maastricht treaty. Proposals for reform generally involve increasing the...
Persistent link: https://www.econbiz.de/10013130015