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An Evaluation of the Impact of RDI State Aid in Slovenia on Firms' Performance
其他書名
Technical Support to Improve the Capacity for Assessing the Effectiveness of State Aid Schemes in Slovenia
出版Publications Office of the European Union, 2023
ISBN92680552609789268055267
URLhttp://books.google.com.hk/books?id=1yU40AEACAAJ&hl=&source=gbs_api
註釋Following a request from the Slovenian Ministry of Finance (MoF) for technical support to improve its capacity to assess the effectiveness of State interventions, the European Commission Joint Research Centre, unit S.3 Competence Centre on Microeconomic Evaluation, offered its technical expertise. This report is the result of Activity 2 of the project, namely the counterfactual impact evaluation of three State aid measures aimed at promoting technological development and innovation. The report first presents the main characteristics of the Slovenian economy and of the State aid schemes that have been evaluated. Then, available data and the construction of the final dataset for the analysis are presented and the methodology employed for the evaluation, which relies on a treatment and control group framework implemented through matching and difference-in-differences analysis, is discussed. Finally, the results are presented and discussed. The results of the evaluation exercise indicate that the policy led to economically and statistically significant increases in employment, labour productivity and tangible assets. Furthermore, the evidence from an heterogeneity analysis indicates that positive effects are larger in magnitudes for firms of smaller size and firms receiving a higher amount of aid, and that firms from different economic sectors benefit differently from the aid. Unfortunately, data limitations do not allow to further investigate the mechanisms of the estimated impacts.