The role of subsidies in promoting italian joint ventures in least developed and transition economies

Barba Navaretti, Giorgio ; Santarelli, Enrico ; Vivarelli, Marco (2000) The role of subsidies in promoting italian joint ventures in least developed and transition economies. DOI 10.6092/unibo/amsacta/688.
Full text available as:
[img]
Preview
PDF
Download (46kB) | Preview

Abstract

This paper analyses the impact of subsidies to promote Italian joint ventures (JVs) with firms in LDC and transition economies. The empirical analysis is carried out on a unique dataset of 172 JVs interviewed during 1998 by means of a closed-answer qualitative-quantitative questionnaire. The main finding of the study is that although there is a significant deadweight component in incentive policy, subsidised firms are significantly more likely to grow. Moreover, JVs comprising new firms (which need to grow to survive) also achieve a higher-than- average employment performance, and so too do (labour intensive) JVs motivated by the search for lower labour costs, and JVs in East European countries.

Abstract
Document type
Monograph (Working Paper)
Creators
CreatorsAffiliationORCID
Barba Navaretti, Giorgio
Santarelli, Enrico
Vivarelli, Marco
Subjects
DOI
Deposit date
17 Jun 2004
Last modified
17 Feb 2016 14:01
URI

Other metadata

Downloads

Downloads

Staff only: View the document

^