Koski, Heli; Pajarinen, Mika - DRUID, Copenhagen Business School, Department of … - 2012
We use data from 15 508 Finnish companies with 10 or more employees for the years 2003-2008 to explore the relationship between employment growth and three endogenously determined business subsidy types (i.e. employment subsidy, R&D subsidy and the group of other business subsidies). We find a...