Koski, Heli; Pajarinen, Mika - Elinkeinoelämän Tutkimuslaitos (ETLA) - 2011
We use data from 15508 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 other business subsidies). We find a positive...