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their creditworthiness and compare different types of subsidies with indirect subsidization through public banks. We find … that, in a large parameter range, the politician prefers public banks to direct subsidies because they avoid windfall gains … subsidies. One important prerequisite for this result is that public banks must not be allowed to fully compete with private …
Persistent link: https://www.econbiz.de/10010264253
their creditworthiness and compare different types of subsidies with indirect subsidization through public banks. We find … that, in a large parameter range, the politician prefers public banks to direct subsidies because they avoid windfall gains …-tive to subsidies. One important prerequisite for this result is that public banks must not be allowed to fully compete with …
Persistent link: https://www.econbiz.de/10010264830
We investigate whether government subsidies to local input manufacturers encourage procurement from foreign firms. We …
Persistent link: https://www.econbiz.de/10010265258
This paper evaluates the impact of a training voucher program on establishments' investments in further training. The voucher program that was implemented in the German federal state of North Rhine-Westphalia increased training incentives for employees in small and medium-sized establishments by...
Persistent link: https://www.econbiz.de/10010265781
countries. These costs are heavily influenced by economic policy through entry regulation and subsidies. In this paper we … another, strategic motive for entry subsidies as the tightening of market selection leads to a competitive advantage for … domestic producers in international trade. Our analysis shows that entry subsidies in the Nash-equilibrium are first increasing …
Persistent link: https://www.econbiz.de/10010270242
the government incentive to impact on entry costs, and how entry subsidies can be used strategically in open economies. We … the monopoly pricing distortion. In the autarky equilibrium these subsidies trigger entry, but they eventually do not lead … to more but to better firms in the market. In the open economy there is another, strategic motive for entry subsidies as …
Persistent link: https://www.econbiz.de/10010271259
Definitions of subsides used in the biannual subsidy- report on the federal level and other definitions of subsidies … propose a new definition of direct subsidies, which is less arbitrary than those currently used. This new definition also …
Persistent link: https://www.econbiz.de/10012290120
study uses a standardized framework to evaluate tax subsidies that add up to a total of roughly €7.4 billion. The evaluation …
Persistent link: https://www.econbiz.de/10012290144
for Applied Information Technology (FIT), the study uses a standardized framework to evaluate tax subsidies that add up to …
Persistent link: https://www.econbiz.de/10012290145
), the study uses a standardized framework to evaluate tax subsidies that add up to a total of roughly €7.4 billion. …
Persistent link: https://www.econbiz.de/10012290146