Evaluating the Impact of Public Start-up Assistance – Results from an Econometric Approach

Almus, Matthias

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URL:	http://ub-madoc.bib.uni-mannheim.de/492
URN:	urn:nbn:de:bsz:180-madoc-4928
Document Type:	Working paper
Year of publication:	2001
The title of a journal, publication series:	None
Publication language:	English
Institution:	Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series:	Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject:	330 Economics
Classification:	JEL: D92 L21 C35 ,
Subject headings (SWD):	Deutschland , Deutsche Ausgleichsbank , Unternehmensgründung , Evaluation
Abstract:	This paper analyzes the medium-term growth performance of firms that exclusively received start-up assistance from programs administered by the Deutsche Ausgleichsbank (DtA), a state owned bank, within two years after startup. I apply a parametric selection approach that controls for two potential sources of self selection (receipt of assistance, complete interview data). The empirical analysis shows that firms receiving assistance perform better in terms of employment growth over a six year period.
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