Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/44580
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dc.contributor.authorKoski, Helien_US
dc.contributor.authorPajarinen, Mikaen_US
dc.date.accessioned2011-01-05en_US
dc.date.accessioned2011-03-25T09:40:20Z-
dc.date.available2011-03-25T09:40:20Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/44580-
dc.description.abstractWe use data from 15508 Finnish companies with 10 or more employees for the years 2003-2008 to explore the relationship between employment growth and three endogenously determined business subsidy types (i.e. employment subsidy, R&D subsidy and other business subsidies). We find a positive contemporary relationship between all business subsidy types and employment growth. Our findings suggest that R&D subsidies further contribute to the firms' employment for one year after and employment and other subsidies for three years after the reception of subsidies. After that, the differences between the subsidized and non-subsidized firms vanish. We further find, in line with the empirical studies of Harrison et al. (2008) and Hall et al. (2008), that both product innovation and sales growth from a firm's old products contribute to the firm's employment growth. Process innovation, instead, does not seem to have any significant effect on employment.en_US
dc.language.isoengen_US
dc.publisher|aElinkeinoelämän Tutkimuslaitos |cHelsinkien_US
dc.relation.ispartofseries|aETLA discussion paper |x1235en_US
dc.subject.jelJ23en_US
dc.subject.jelL10en_US
dc.subject.jelO33en_US
dc.subject.jelO38en_US
dc.subject.ddc330en_US
dc.subject.keywordpublic subsidiesen_US
dc.subject.keywordtechnology policyen_US
dc.subject.keywordemployment growthen_US
dc.subject.keywordFinlanden_US
dc.titleDo business subsidies facilitate employment growth?en_US
dc.typeWorking Paperen_US
dc.identifier.ppn642736936en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US

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