Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/24443
Authors: 
Almus, Matthias
Year of Publication: 
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

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