Benkovskis, Konstantins; Tkacevs, Olegs; Yashiro, Naomitsu - 2018
This paper investigates the effects of spending the European Regional Development Fund (ERDF) on productivity … increases firms’ employment, turnover and capital stock per employee immediately, while it raises their productivity only three … intensive and more financially leveraged enjoy larger productivity gains. Also, financing capital investment through the ERDF …