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| Title: | | Evaluating the impact of public start-up assistance: results from an econometric approach  |
| Authors: | | Almus, Matthias |
| Issue Date: | | 2001 |
| Series/Report no.: | | ZEW Discussion Papers 01-23 |
| Abstract: | | This paper analyzes the medium-term growth performance of firms that exclusively received start-up assistance from programs administered by the Deutsche Ausgleichsbank (DtA), a state owned bank, within two years after startup. I apply a parametric selection approach that controls for two potential sources of self selection (receipt of assistance, complete interview data). The empirical analysis shows that firms receiving assistance perform better in terms of employment growth over a six year period. |
| Subjects: | | New Firms Employment Growth Evaluation Selection Bias Bivariate and Simultaneous Probit |
| JEL: | | L21 D92 C35 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des ZEW ZEW Discussion Papers
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