The impact of government grants: employment up, productivity down

Overman, Henry G. ORCID: 0000-0002-3525-7629 (2012) The impact of government grants: employment up, productivity down. CEP Urban and Spatial Programme Blog (01 Feb 2012). Blog Entry.

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Abstract

[aka: 'Grants to large firms a waste of money'] The Great Recession has brought industrial policy back into fashion. Huge subsidies have been granted by governments around the world to private firms most dramatically in financial services, but also in other sectors like autos. Despite the ubiquity and cost of such schemes, rigorous evaluations of the causal effect of these “industrial policies” are rare.

Item Type:	Online resource (Blog Entry)
Official URL:	http://spatial-economics.blogspot.co.uk/
Additional Information:	© 2012 The Author(s)
Divisions:	Geography and Environment Urban and Spatial Programme Centre for Economic Performance What Works Centre
Subjects:	H Social Sciences > HB Economic Theory H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HF Commerce H Social Sciences > HJ Public Finance J Political Science > JC Political theory J Political Science > JN Political institutions (Europe) > JN101 Great Britain J Political Science > JS Local government Municipal government
Date Deposited:	29 Jun 2017 10:09
Last Modified:	09 May 2025 03:57
URI:	http://eprints.lse.ac.uk/id/eprint/82728

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