SSE/EFI Working Paper Series in Economics and Finance
Characteristics of Government Supported Firms
Abstract: Governments all over the world grant different types of
subsidies to firms which are said to have a lack-of-capital problem.
However, it is unclear if governments have the information and motivation
to target firms which have problems to finance profitable project via the
private capital markets. Based on hypotheses derived from interest group
theory, this paper compares (econometrically) characteristics of Swedish
firms targeted for selective regional policy supports with randomly chosen
non-supported firms. The results give some support for an interest group
interpretation of the allocation of subsidies.
Keywords: Allocation of subsidies; regional policy; industrial policy; interest group theories; (follow links to similar papers)
JEL-Codes: H20; H81; L52; L98; R58; (follow links to similar papers)
27 pages, November 23, 1998
Before downloading any of the electronic versions below
you should read our statement on
for viewing Postscript files and the
Acrobat Reader for viewing and printing pdf files.
Full text versions of the paper:
hastef0283.ps.zip PKZipped PostScript (195kB)
hastef0283.ps PostScript file (1.06MB)
hastef0283.pdf.zip (zipped) (138kB)
Questions (including download problems) about the papers in this series should be directed to Helena Lundin ()
Report other problems with accessing this service to Sune Karlsson ()
or Helena Lundin ().
Design by Joachim Ekebom