Duch, Néstor; Montolio, Daniel; Mediavilla, Mauro - Institut d'Economia de Barcelona (IEB), Facultat … - 2007
paper, we evaluate the effectiveness of public programs whose aim is to enhance the performance of firms located in … Catalonia (Spain). We compare the performance of publicly subsidised companies (treated) with that of similar, but unsubsidised … the respective performance of each firm. As a result, we find that recipient firms, on average, change their business …