Evaluation of investment subsidies - When is deadweight effect zero?

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dc.contributor.author Tokila, Anu
dc.contributor.author Haapanen, Mika
dc.contributor.author Ritsilä, Jari
dc.date.accessioned 2012-05-16T06:40:12Z
dc.date.available 2012-05-16T06:40:12Z
dc.date.issued 2008
dc.identifier.citation Tokila, A., Haapanen, M., & Ritsilä, J. (2008). Evaluation of investment subsidies - When is deadweight effect zero?. International Review of Applied Economics, 22 (5), 585-600.
dc.identifier.issn 0269-2171
dc.identifier.other TUTKAID_22301
dc.identifier.uri http://hdl.handle.net/123456789/37846
dc.description.abstract In the evaluation of investment subsidies one of the critical issues concerns the assessment of deadweight, that is, the degree to which projects would have been carried out without grant assistance. With the increasing restrictions on and cuts in subsidies for investment projects in the EU countries maximisation of the impact of the public resources that remain can be achieved through their allocation for projects with minimum deadweight. This paper studies the profile of subsidised zero deadweight investment projects – projects that would be abandoned without public subsidies – in Finland. The empirical analysis is conducted using micro level data on investment projects by private sector firms. The data set comprises 3,423 projects that were granted public investment subsidies between 2001 and 2003. Our results show that the likelihood of zero deadweight is significantly dependent on the characteristics of the subsidised firm, the characteristics of the investment project and the location of the subsidised firm.
dc.language.iso eng
dc.publisher Taylor & Francis
dc.relation.ispartof International Review of Applied Economics
dc.rights © 2008 Taylor & Francis. This is an electronic final draft version of an article whose final and definitive form has been published in International Review of Applied Economics by Taylor & Francis.
dc.subject.other investointituet fi
dc.subject.other deadweight-vaikutus fi
dc.subject.other aluepolitiikka fi
dc.subject.other investointihankkeet fi
dc.subject.other Investment subsidies en
dc.subject.other public policy en
dc.subject.other deadweight effect en
dc.subject.other investment projects en
dc.subject.other regional policy en
dc.title Evaluation of investment subsidies - When is deadweight effect zero?
dc.type Journal article; Peer-reviewed en
dc.type Vertaisarvioitu artikkeli tieteellisessä aikakauslehdessä fi
dc.identifier.urn URN:NBN:fi:jyu-201205161665
dc.contributor.laitos Jyväskylä University School of Business and Economics en
dc.contributor.laitos Taloustieteiden tiedekunta (muuttunut Kauppakorkeakouluksi 1.1.2011) fi
dc.contributor.oppiaine kansantaloustiede fi
jyx.tutka.volyme 22
jyx.tutka.mnumber 5
jyx.tutka.pagetopage 585-600
dc.type.uri http://purl.org/eprint/type/SubmittedJournalArticle
dc.identifier.doi 10.1080/02692170802287631
dc.date.updated 2012-05-16T03:30:14Z
dc.description.version Author's Final draft
eprint.status http://purl.org/eprint/type/status/PeerReviewed

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