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subsidy allocation. Consistent with a reputation/certification mechanism, the increase in follow-on subsidies occurs for funds …
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in East Germany after reunification. We show that a 1-percentage-point decrease in the subsidy rate leads to a 1 …
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in East Germany after reunification. We show that a 1-percentage-point decrease in the subsidy rate leads to a 1 …
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firms in East Germany. We show that a one-percentage-point decrease in the subsidy rate leads to a 1% decrease in …
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Recently, the number of state interventions and of firm subsidies has largely increased. However, the possible outcome of such interventions is rather am-biguous. This paper investigates the impact of firm subsidies granted by Ger-man regional policy. The long experiences made with regional...
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