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Expanding regional eligibility in the access to grants can have important consequences for the performance of firms. We examine a quasi-natural experiment that consisted of a redrawing of administrative areas intended to increase accessibility to European Union (EU) funds using a rich...
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led to a sudden increase in accessibility to EU grants for firms located in 33 Portuguese municipalities. Using a …
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Job creation by cooperatives and other social economy organizations requires an open spirit towards new forms of co-operatives, the doctrine call hybrids. In Portugal, public interest cooperatives is since 1984 a hybrid form made possible by the constitutional statement that a cooperative sector...
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socio-economic factors. Municipalities ruled by mayors that belong to a right-wing party are more prone to financial … distress, and some municipalities are more financially vulnerable than others because of structural circumstances. …
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Portuguese municipalities, a general model that successfully explains tax revenue is developed. Evidence is found for the … changing – the Laffer curve, causing more competitive municipalities to maximize revenue at lower tax rates – i.e. lower prices …
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