Adorno, Valentina; Bernini, Cristina; Pellegrini, Guido - In: Giornale degli Economisti 66 (2007) 1, pp. 67-92
Most of the relevant literature on the evaluation of the impact of public subsidies to private firms deals with the estimation of causal effects of a binary treatment. However, several policies allow for different levels of subsidies, depending on the investment project, the firm dimension, the...