cannari, luigi; D'AURIZIO, Leandro; BLASIO, Guido DE - In: Rivista Italiana degli Economisti 12 (2007) 3, pp. 329-346
This paper investigates the effects of investment subsidies on the accumulation decisions of a sample of Italian manufacturing firms. We use survey information on the subjective evaluation of the investment activity that the recipient firm would have undertaken, had it not been financed. We find...
