欧洲基金和公司业绩:来自自然实验的证据
José Mesquita1, João Pereira Dos Santos2,3,4, José Tavares1,5
1Nova School of Business and Economics, Universidade Nova de Lisboa, Campus de Carcavelos, Lisbon, Portugal.
概括
欧盟 (EU) 资金显著促进了私营企业的发展.
科学领域:
- 经济学 经济学 经济学
- 区域科学 地区科学
- 公共政策 公共政策
背景情况:
- 欧盟 (EU) 资金是旨在刺激经济发展的主要政策工具.
- 了解这些资金对公司业绩的因果关系对于有效的政策设计至关重要.
- 之前的研究往往难以分离这些补助的真正影响,因为内源性问题.
研究的目的:
- 调查增加获得欧盟 (EU) 资金和私营企业业绩之间的因果关系.
- 分析欧盟资金对可交易与非可交易行业企业的影响差异.
- 量化对销售,生产力,工资和就业的影响.
主要方法:
- 利用基于对葡萄牙地理边界的行政重新划定的准自然实验.
- 使用差异差异估计策略. 使用差异差异估计策略.
- 分析了一套综合链接的雇主-雇员行政数据集,涵盖2003年至2010年所有私营企业.
主要成果:
- 增加欧盟补助资格对企业的销售额,劳动生产率和平均工资产生了显著的积极因果关系.
- 没有发现对企业总体就业水平的重大影响.
- 非可交易行业的公司销售额有所增加,而更具竞争力的可交易行业的公司没有显著的反应.
结论:
- 获得欧盟资金可以成为提高企业业绩的有效工具,特别是在特定行业.
- 欧盟资金的影响是异质的,使非可交易部门比竞争性可交易部门更受益.
- 在分配区域发展资金时,政策干预应考虑部门特点.
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