Einiö, Elias (2025) R&D subsidies and company performance: evidence from geographic variation in government funding based in the ERDF population-density rule. Review of Economics and Statistics, 96 (4). pp. 710-728. ISSN 0034-6535 (In Press)
Full text not available from this repository.Abstract
Despite the prevalence of R&D support programs, evaluation studies based on explicit differences in support allocation. are rare. In this paper, the identification of the causal effect of R&D support onpport on company performance is based on geographic variation in government funding arising from a population-density rule. I find positive impacts on R&D investment, employment, and sales among the participants who were granted an R&D subsidy as a result of additional aggregate R&D support funding in their region. Although there are no instantaneous impacts on productivity, the study provides evidence of long-term productivity.
| Item Type: | Article |
|---|---|
| Additional Information: | © 2014 by the President and Fellows of Harvard College and the Massachusetts Institute of Technology |
| Divisions: | LSE |
| Subjects: | H Social Sciences > HB Economic Theory |
| Date Deposited: | 12 Sep 2025 15:57 |
| Last Modified: | 12 Sep 2025 15:57 |
| URI: | http://eprints.lse.ac.uk/id/eprint/129503 |
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