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Title:Evaluating the impact of public start-up assistance: results from an econometric approach PDF Logo
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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