Buts, Caroline; Jegers, Marc - In: Journal of Industry, Competition and Trade 13 (2013) 1, pp. 89-100
This paper empirically investigates the impact of fixed asset subsidies to firms on market shares. By means of a tobit regression on a sample of over 13 000 Belgian firms we find a significant and positive joint influence of all fixed asset subsidies on market shares, acknowledging that this is...