Are subsidies for Polish enterprises effective: empirical results based on panel data

Gosk Beata and Natalia Nehrebecka ()
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Gosk Beata: Faculty of Economic Sciences University of Warsaw, Warsaw, Poland

Central European Economic Journal, 2019, vol. 6, issue 53, 108-131

Abstract: The objective of this article was to identify and evaluate the effectiveness of subsidies used by companies, as well as to develop an approach to assess the effectiveness of subsidies for the manufacturing sector of Polish economy. In order to organise the results obtained by researchers dealing with the efficacy of subsidies, a meta-analysis, i.e. a quantitative assessment of empirical literature, was carried out. Based on the data from the financial statements of medium-sized and large Polish companies, published in Monitor Polski B (a former Official Journal of the Republic of Poland), an evaluation study was conducted to verify the research hypotheses. Based on the obtained results, it was found that the aid in the form of subsidies did not have a significant impact on the productivity of the subsidised companies, growth rate of assets or profitability.

Keywords: subsidies for companies/public; evaluation study (search for similar items in EconPapers)
JEL-codes: H25 H32 L25 L53 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:vrs:ceuecj:v:6:y:2019:i:53:p:108-131:n:7

DOI: 10.2478/ceej-2019-0008

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