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https://doi.org/10.5559/di.27.2.01

Do Governmental Subsidies Increase Productivity of Firms? Evidence from a Panel of Slovene Firms

Polona Domadenik ; Faculty of Economics, Ljubljana
Matjaž Koman ; Faculty of Economics, Ljubljana
Janez Prašnikar ; Faculty of Economics, Ljubljana

Puni tekst: engleski, pdf (278 KB) str. 199-220 preuzimanja: 640* citiraj
APA 6th Edition
Domadenik, P., Koman, M. i Prašnikar, J. (2018). Do Governmental Subsidies Increase Productivity of Firms? Evidence from a Panel of Slovene Firms. Društvena istraživanja, 27 (2), 199-220. https://doi.org/10.5559/di.27.2.01
MLA 8th Edition
Domadenik, Polona, et al. "Do Governmental Subsidies Increase Productivity of Firms? Evidence from a Panel of Slovene Firms." Društvena istraživanja, vol. 27, br. 2, 2018, str. 199-220. https://doi.org/10.5559/di.27.2.01. Citirano 23.09.2021.
Chicago 17th Edition
Domadenik, Polona, Matjaž Koman i Janez Prašnikar. "Do Governmental Subsidies Increase Productivity of Firms? Evidence from a Panel of Slovene Firms." Društvena istraživanja 27, br. 2 (2018): 199-220. https://doi.org/10.5559/di.27.2.01
Harvard
Domadenik, P., Koman, M., i Prašnikar, J. (2018). 'Do Governmental Subsidies Increase Productivity of Firms? Evidence from a Panel of Slovene Firms', Društvena istraživanja, 27(2), str. 199-220. https://doi.org/10.5559/di.27.2.01
Vancouver
Domadenik P, Koman M, Prašnikar J. Do Governmental Subsidies Increase Productivity of Firms? Evidence from a Panel of Slovene Firms. Društvena istraživanja [Internet]. 2018 [pristupljeno 23.09.2021.];27(2):199-220. https://doi.org/10.5559/di.27.2.01
IEEE
P. Domadenik, M. Koman i J. Prašnikar, "Do Governmental Subsidies Increase Productivity of Firms? Evidence from a Panel of Slovene Firms", Društvena istraživanja, vol.27, br. 2, str. 199-220, 2018. [Online]. https://doi.org/10.5559/di.27.2.01

Sažetak
Our study focuses on examining the relationship between
productivity (or productivity growth) and state aid allocation
in Slovenia during the period of 1998 to 2012. The country
itself represents almost an ideal case as the amount of
subsidies being allocated in the relevant period decreased
significantly after joining the EU. Our study builds on
the theoretical model of Aghion et al. (2015) arguing
that sectorial policy can enhance growth and efficiency
if it is made competition-friendly. The main results
show, that by increasing dispersion of subsidies within
particular sectors by one standard deviation, the
productivity growth increases by 0.03 percentage
points on average, ceteris paribus. State aid has
been especially important in the period of economic
downturn (2009–2012). However we found evidence
that firms receiving a higher portion of subsidies were
less productive when compared with counterparts from
the same sector receiving less or no subsidies. The
difference was the biggest during the period of
economic downturn.

Ključne riječi
state aid; subsidies; industrial policy; competition

Hrčak ID: 202672

URI
https://hrcak.srce.hr/202672

[hrvatski]

Posjeta: 1.031 *