Auf Grund von Kapitalsubventionen litt die wirtschaftliche Effizienz: um 5% bei einer durchschnittlichen Subventionssumme und um 15% bei hochsubventionierten Unternehmen. Außerdem war ein Großteil der Subventionen gar nicht notwendig, da die subventionierten Firmen sowieso einen höheren...

An industrial policy of subsidizing physical capital investment has been utilized in many countries in order to encourage export growth and spread economic development to outlying areas. For Israel, we possess a unique time series-cross section micro data set that details investment and its...

The main purpose of this study is to characterize and analyze high technology industrial firms in Israel. We are able to advance beyond previous empirical studies of high technology because we have access to a unique individual firm data set, a sample of 670 establishments in Israel for the year...

The main purpose of this paper is to present estimates of production and cost functions obtained from using a time-series, cross-section data set pertaining to Israeli industry, We include a detailed list of heterogeneity controls in the specifications which substantially enhances the...