The aim of the article is to describe theoretical concepts related to the effects of state subsidies on enterprises and to discuss the magnitude and effect of state aid on enterprises during the transformation of the Czech economy. Subsidies to enterprises during transformation were high, often...

This paper attempts to contribute to the analysis of links between state aid and competitiveness of manufacturing industries during 1998-2002. Statistical source on subsidies include all subsidies to capital gathered on enterprise level by Czech Statistical Office. The enterprise data have been...