business investment. To promote economic convergence of Eastern and Western Germany after reunification, bonus depreciation tax … incentives were granted for investments in Eastern Germany before 1999. Using business establishments in Western Germany as … control group, we address the question if and to what extent these investment tax incentives boosted investment. In line with …

The main objective of the present paper is to estimate the extent to which firm investment is substituted (crowded …-out) by investment support policies granted under the EU Rural Development Programme (RDP). In the empirical analyses we … studies suffer. Using panel data of 1,333 firms from the Schleswig-Holstein region in Germany, we find that the crowding …