Showing 1 - 10 of 557
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
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
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
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
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
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
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
from the steady state under current R&D subsidization in the US, the R&D subsidy should significantly jump upwards and then … slightly decrease over time. There is a negligible loss in welfare, however, from immediately setting the R&D subsidy to its …
Persistent link: https://www.econbiz.de/10013139245
In a two-period model, firms specialized in two different sectors lobby to induce the government to subsidize the type of education complementary to their production. Lobbying is endogenous. We show that, if lobbying is not costly, both sectors will lobby in equilibrium and education policy will...
Persistent link: https://www.econbiz.de/10013125068
framework that emphasizes commitment. We build a model where the policy-maker has a tariff and a production subsidy at its …
Persistent link: https://www.econbiz.de/10013100012