State Aid for Rescuing and Restructuring Firms in Difficulty and Its Impact on the State of Public Finances in the European Union in the Years 1999–2014

Piotr Podsiadło ()
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Piotr Podsiadło: Cracow University of Economics

Chapter Chapter 20 in New Trends in Finance and Accounting, 2017, pp 219-230 from Springer

Abstract: Abstract The subject of the article is an analysis of the rules of state aid admissibility on the basis of the implementing regulations, adopted by the European Commission on rescue and restructuring aid. This should lead to verify the hypothesis of the influence of state aid on the size of the general government sector debt in the EU member states, which have provided state aid for undertakings in difficulty in the years 1999–2014. This analysis was carried out based on the linear regression model. The response variable (dependent variable Y) is the size of the general government sector debt, and explanatory variable (independent variable X) is the expenditure on state aid.

Keywords: European union; State aid; Legal regulation; Rescue and restructuring; General government sector debt (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-319-49559-0_20

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DOI: 10.1007/978-3-319-49559-0_20

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