Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/147466 
Year of Publication: 
2014
Citation: 
[Journal:] Journal of Contemporary Economic and Business Issues [ISSN:] 1857-9108 [Volume:] 1 [Issue:] 1 [Publisher:] Ss. Cyril and Methodius University in Skopje, Faculty of Economics [Place:] Skopje [Year:] 2014 [Pages:] 5-17
Publisher: 
Ss. Cyril and Methodius University in Skopje, Faculty of Economics, Skopje
Abstract: 
Using survey data on Bulgarian and Macedonian firms that participated in USAID programs providing technical and financial assistance for small and medium-sized enterprises (SMEs) and on firms that did not, we estimate the effectiveness of such assistance in increasing the growth of employment in the assisted firms. We control for firm characteristics, as well as for the business environment using a difference-in-differences methodology. We find that USAID assistance enabled firms in Bulgaria and in Macedonia to increase employment more rapidly, than firms that did not receive assistance did. In both countries this effect was evident over a two-year period following assistance, and in Macedonia the evidence suggests that the effect lasted for longer than this two-year period.
Subjects: 
job creation
assistance to firms
small and medium-sized enterprises
foreign aid
program evaluation
USAID
JEL: 
D21
H25
H43
H81
P23
Document Type: 
Article

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