Winners and losers in industrial policy 2.0
Mohamed Marouani and
Michelle Marshalian
No wp-2020-21, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)
Abstract:
Large-scale business subsidies tied to national industrial development promotion programmes are notoriously difficult to study and are often inseparable from the political economy of large government programmes. We use the Tunisian national firm registry panel database, data on treated firms, and a perceptions survey administered by the National Research Institute to measure the impact of Tunisia's Industrial Upgrading Program. Using inverse propensity score re-weighted differences-in-differences regressions, we find that small treated firms hire more and higher-skilled labour.
Keywords: Firm subsidies; Fiscal policy; Industrial policy; Firm size; Impact analysis; Labour (search for similar items in EconPapers)
Date: 2020
New Economics Papers: this item is included in nep-ara and nep-bec
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Working Paper: Winners and losers in industrial policy 2.0 (2020)
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