Bernini, Cristina; Pellegrini, Guido - In: Regional Science and Urban Economics 41 (2011) 3, pp. 253-265
The paper provides a statistically robust evaluation of the impact of state aid on capital accumulation in subsidized firms. The analysis considers subsidies allocated to the southern Italian regions over the period 1996-2004 under the regional policy, Law 488/1992. We apply an MDID estimator,...
