Evaluating project deadweight measures: evidence from Finnish business subsidies

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dc.contributor.author Tokila, Anu
dc.contributor.author Haapanen, Mika
dc.date.accessioned 2012-05-16T07:54:37Z
dc.date.available 2012-05-16T07:54:37Z
dc.date.issued 2009
dc.identifier.citation Tokila, A., & Haapanen, M. (2009). Evaluating project deadweight measures: evidence from Finnish business subsidies. Environment and Planning C: Government and Policy, 27 (1), 124 140.
dc.identifier.issn 0263-774X
dc.identifier.other TUTKAID_30854
dc.identifier.uri http://hdl.handle.net/123456789/37848
dc.description.abstract An important problem in measuring the impacts of business subsidies is their separation from deadweight, which refers to changes that would have occurred even in the absence of intervention. Both public and private assessments have been used previously to study deadweight, but so far little is known about how they correspond to each other. To address this issue, we conducted a joint evaluation of the private and public assessments of deadweight for Finnish business projects. A unique data set combines large register data with both public and private information on projects financed in 2000–2003. First, our results suggest that the different measures for deadweight are greatly uncorrelated, and thus cannot be used as substitutes. Second, characteristics affecting the public and private measures of deadweight are identified using ordered probit models. We find that the public and private sectors emphasize different factors in their assessment of deadweight. Third, an upper bound for the level of deadweight spending is estimated at 73.8%.
dc.language.iso eng
dc.publisher Pion Limited
dc.relation.ispartof Environment and Planning C: Government and Policy
dc.rights © 2009 Pion Limited. This is an electronic final draft version of an article whose final and definitive form has been published in Environment and Planning C: Government and Policy by Pion Limited.
dc.subject.other yritystuet fi
dc.subject.other deadweight vaikutus fi
dc.subject.other arviointi fi
dc.subject.other business subsidies en
dc.subject.other deadweight effect en
dc.subject.other evaluation en
dc.title Evaluating project deadweight measures: evidence from Finnish business subsidies
dc.type Article en
dc.identifier.urn URN:NBN:fi:jyu-201205161664
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 27
jyx.tutka.mnumber 1
jyx.tutka.pagetopage 124 140
dc.type.uri http://purl.org/eprint/type/SubmittedJournalArticle
dc.identifier.doi doi:10.1068/c0804b
dc.date.updated 2012-05-16T03:30:10Z
dc.description.version Author's Final draft
eprint.status http://purl.org/eprint/type/status/PeerReviewed

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