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Direct, spillover and welfare effects of regional firm subsidies
Siegloch, Sebastian; Wehrhöfer, Nils; Etzel, Tobias - 2021
We analyze the effects of a large place-based policy, subsidizing up to 50% of investment costs of manufacturing firms in East Germany after reunification. We show that a 1-percentage-point decrease in the subsidy rate leads to a 1% decrease in manufacturing employment. We document important...
Persistent link: https://www.econbiz.de/10012518065
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The ecological impact of place-based economic policies
Garg, Teevrat; Shenoy, Ajay - 2020
Does economic development have an unavoidable ecological cost? We examine the ecological impacts of one of India's signature place-based economic policies involving massive tax benefits for new industrial and infrastructure development following the creation of the new state of Uttarakhand. The...
Persistent link: https://www.econbiz.de/10012194259
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Does light touch cluster policy work? : evaluating the Tech City programme
Nathan, Max - 2019
Despite academic scepticism, cluster policies remain popular with policymakers. This paper evaluates the causal impact of a flagship UK technology cluster programme. I build a simple framework and identify effects using difference-in-differences and synthetic controls on rich microdata. I...
Persistent link: https://www.econbiz.de/10012118723
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Specialisation patterns and the synchronicity of regional employment cycles in Europe
Belke, Ansgar (contributor); Heine, Jens M. (contributor) - 2004
This paper examines the degree of correlation of EU regional employment cycles and attempts to show whether these cycles reflect changing patterns of specialisation. By focusing on the regional level and by employing three different indicators of similarity of sectoral structure, it improves on...
Persistent link: https://www.econbiz.de/10002529920
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European funds and firm performance : evidence from a natural experiment
Gabriel, José Mesquita; Santos, João Pereira dos; … - 2023
This paper analyses the impact of European Union (EU) funds on the performance of private firms. In particular, we examine a quasi-natural experiment consisting of a redrawing of administrative areas that expanded regional eligibility and led to a sudden increase in accessibility to EU grants...
Persistent link: https://www.econbiz.de/10014394229
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Regional policy evaluation : interactive fixed effects and synthetic controls
Gobillon, Laurent; Magnac, Thierry - 2013
unemployment of an enterprise zone policy implemented in France in the 1990s. …
Persistent link: https://www.econbiz.de/10009771746
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Learning from Latin America’s experience : Europe’s failure in the “Lisbon process”
Tausch, Arno; Heshmati, Almas - 2010
The current paper investigates the cross-national relevance of Latin American "dependencia theory" for five dimensions of development (democracy and human rights, environment, human development and basic human needs satisfaction, gender justice, redistribution, growth and employment) on a global...
Persistent link: https://www.econbiz.de/10003941467
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Youth unemployment in old Europe : the polar cases of France and Germany
Cahuc, Pierre; Carcillo, Stéphane; Rinne, Ulf; … - 2013
France and Germany are two polar cases in the European debate about rising youth unemployment. Similar to what can be … observed in Southern European countries, a "lost generation" may arise in France. In stark contrast, youth unemployment has … short-term oriented policies can only have temporary effects. Ultimately, the youth unemployment disease in France and in …
Persistent link: https://www.econbiz.de/10009770651
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Capital prices and Eurozone competitiveness differentials
Askenazy, Philippe - 2013
building prices. European countries, especially France, have experienced a significant rise in property prices since the … France, non-financial corporations (NFCs) pay a large supplementary cost for their investments and have to distribute massive …
Persistent link: https://www.econbiz.de/10009715724
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The over-education wage penalty among PhD holders : a European perspective
Rycx, François; Santosuosso, Giulia; Vermeylen, Guillaume - 2022
While the literature on the incidence and wage effects of over-education is substantial, specific results for doctoral graduates are surprisingly scarce. This article aims to fill this gap, not only by measuring the prevalence of over-educated PhD holders in Europe (i.e. in EU Member States and...
Persistent link: https://www.econbiz.de/10013275384