Die Auswirkungen öffentlicher Gründungsförderung auf das Überleben und Wachstum junger Unternehmen / The Impact of Public Start-up Promotion on Survival and Growth of New Firms

Almus Matthias () and Prantl Susanne ()
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Almus Matthias: Zentrum für Europäische Wirtschaftsforschung GmbH (ZEW), Postfach 103443, D-68034 Mannheim
Prantl Susanne: Universität Mannheim, D-68161 Mannheim

Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), 2002, vol. 222, issue 2, 161-185

Abstract: In this paper we examine causal effects of German public assistance programs for young firms administered by the Deutsche Ausgleichsbank (DtA). The empirical analysis is based on a comprehensive data set with information from the DtA data base that contains all assistance contracts between 1990 and 1999 and the ZEW Entrepreneurship Study built up at the Centre for European Economic Research (ZEW). We focus on medium-term programm effects on the survival chances and the employment growth of assisted firms. To estimate causal effects a nonparametric matching procedure is used to draw an adequate control group from the pool of all available non-assisted firms for comparison with the treatment group of assisted firms. The empirical analysis shows significant positive effects of public assistance on the survival chances and the employment growth of young German firms.

Keywords: Evaluation; matching; survival and growth of young firms; Evaluation; Matching; Überleben und Wachstum junger Unternehmen; Evaluation; matching; survival and growth of young firms (search for similar items in EconPapers)
Date: 2002
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:jns:jbstat:v:222:y:2002:i:2:p:161-185

DOI: 10.1515/jbnst-2002-0202

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