Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Do subsidized new firms survive longer? Evidence from a counterfactual approach
Do subsidized new firms survive longer? Evidence from a counterfactual approach. Regional Studies. This study provides a statistically robust evaluation of the impact of capital subsidies on the survival of start-ups in Italy. The analysis considers the subsidies provided by the main Italian regional policy, Law 488/1992, during 1996-2009. By exploiting an unusual characteristic of the L. 488 selection process, a quasi-experimental design with high internal validity - the regression discontinuity design - is applied for the first time to the survival analysis. The results show a lower default risk in subsidized start-ups. These findings contradict the view that start-ups receiving L. 488 assistance simply used the grant funding to delay exit.
Do subsidized new firms survive longer? Evidence from a counterfactual approach
Do subsidized new firms survive longer? Evidence from a counterfactual approach. Regional Studies. This study provides a statistically robust evaluation of the impact of capital subsidies on the survival of start-ups in Italy. The analysis considers the subsidies provided by the main Italian regional policy, Law 488/1992, during 1996-2009. By exploiting an unusual characteristic of the L. 488 selection process, a quasi-experimental design with high internal validity - the regression discontinuity design - is applied for the first time to the survival analysis. The results show a lower default risk in subsidized start-ups. These findings contradict the view that start-ups receiving L. 488 assistance simply used the grant funding to delay exit.
Do subsidized new firms survive longer? Evidence from a counterfactual approach
Pellegrini, Guido (Autor:in) / Muccigrosso, Teo
Regional studies ; 51
2017
Aufsatz (Zeitschrift)
Englisch
Do subsidized new firms survive longer? Evidence from a counterfactual approach
| Taylor & Francis Verlag | 2017
Do subsidized new firms survive longer? Evidence from a counterfactual approach
| Online Contents | 2016
Subsidized Housing and Crime: Theory, Mechanisms, and Evidence
| British Library Online Contents | 2013
Subsidized housing, life chances and poverty alleviation : evidence from Guangzhou, China
| BASE | 2015