The main objective of the present paper is to estimate the extent to which firm investment is substituted (crowded …-out) by investment support policies granted under the EU Rural Development Programme (RDP). In the empirical analyses we …

studies how additionality affects the distributional effects of the ECP. Using the example of the firm-level investment … investment additionality and the level of competition importantly affect the distributional effects of the ECP. Imposing … benefits firms. In an imperfectly competitive environment the firm-level investment support may increase capital use and may be …

Using a sample of Real Estate Investment Trusts (REITs), we show that institutional investors exploit location …

industries. Yet, the connection between agglomeration and corporate investment remains underexplored. We develop a model of …, we exploit techniques designed to estimate peer effects, and we find that the strength of investment externalities is …

The main objective of the present paper is to estimate the extent to which firm investment is substituted (crowded …-out) by investment support policies granted under the EU Rural Development Programme (RDP). In the empirical analyses we …

dedicated employees impact performance and returns. The present focus is capital investment conditioned on location (land) and … management. Using a sample of U.S. equity real estate investment trusts (REITs) from 1995-2018, REITs with higher allocations of … building capital investment contributes more than half of a REIT’s output, which suggests that building capital plays a …