the effect of longitudinal multiple subsidies on firm performance in the presence of neighbour interactions

Roberto Gabriele () and Enrico Tundis

ERSA conference papers from European Regional Science Association

Abstract: A Structural Marginal Model and Inverse Probability of Treatment Weighting (IPTW) estimation strategy is proposed in a dynamic 2-dimensional treatment setting in order to identify and estimate both the direct and the indirect average treatment effects of a policy over time. This approach is used to assess the effect of public capital subsidisation on the competitiveness of firms in the hotel sector in a place-based subsidisation public policy. A positive effect of the policy is estimated on several hotel performance indicators. Moreover, we found that a hotel?s performance depend on whether many or few hotels in its own destination are subsidised.

Keywords: longitudinal multiple treatments; counterfactual methods; IPTW estimation (search for similar items in EconPapers)
Date: 2015-10
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Persistent link: https://EconPapers.repec.org/RePEc:wiw:wiwrsa:ersa15p1368

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