Criscuolo, Chiara; Martin, Ralf; Overman, Henry G.; Van … - 2012
Business support policies designed to raise productivity and employment are common worldwide, but rigorous micro … positive program treatment effect on employment, investment and net entry but not on TFP. OLS underestimates program effects …,300 suggesting that in some respects investment subsidies can be cost effective. -- industrial policy ; regional policy ; employment …