Do EU Funds boost productivity and employment?: Firm level analysis for Latvia
This paper investigates the effects of spending the European Regional Development Fund (ERDF) on productivity, employment and other performance indicators of Latvian firms. After controlling for the fact that more productive and larger firms are more likely to benefit from ERDF resources, we find th...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Weitere Verfasser: | , |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2018
|
| Schriftenreihe: | OECD Economics Department Working Papers
|
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | This paper investigates the effects of spending the European Regional Development Fund (ERDF) on productivity, employment and other performance indicators of Latvian firms. After controlling for the fact that more productive and larger firms are more likely to benefit from ERDF resources, we find that participation in projects co-financed by the ERDF increases firms' employment, turnover and capital stock per employee immediately, while it raises their productivity only three years after the launch of such projects. Furthermore, participants that were initially less productive, larger, less capital intensive and more financially leveraged enjoy larger productivity gains. Also, financing capital investment through the ERDF does not result in any productivity gains compared to the case when it is financed through private funding. However, it results in a larger increase in employment, which is possibly partly due to the firm's plan to increase employment being one of important criteria for selecting the ERDF beneficiaries |
| Beschreibung: | 1 Online-Ressource (38 Seiten) |
| DOI: | 10.1787/98e0a368-en |
Internformat
MARC
| LEADER | 00000nam a2200000zc 4500 | ||
|---|---|---|---|
| 001 | BV047934800 | ||
| 003 | DE-604 | ||
| 007 | cr|uuu---uuuuu | ||
| 008 | 220413s2018 xx o|||| 00||| eng d | ||
| 024 | 7 | |a 10.1787/98e0a368-en |2 doi | |
| 035 | |a (ZDB-13-SOC)061275387 | ||
| 035 | |a (OCoLC)1312704783 | ||
| 035 | |a (DE-599)BVBBV047934800 | ||
| 040 | |a DE-604 |b ger |e aacr | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-384 |a DE-91 |a DE-473 |a DE-824 |a DE-29 |a DE-739 |a DE-355 |a DE-20 |a DE-1028 |a DE-1049 |a DE-188 |a DE-521 |a DE-861 |a DE-898 |a DE-92 |a DE-573 |a DE-19 | ||
| 100 | 1 | |a Benkovskis, Konstantins |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Do EU Funds boost productivity and employment? |b Firm level analysis for Latvia |c Konstantins Benkovskis, Olegs Tkacevs and Naomitsu Yashiro |
| 264 | 1 | |a Paris |b OECD Publishing |c 2018 | |
| 300 | |a 1 Online-Ressource (38 Seiten) | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b c |2 rdamedia | ||
| 338 | |b cr |2 rdacarrier | ||
| 490 | 0 | |a OECD Economics Department Working Papers | |
| 520 | |a This paper investigates the effects of spending the European Regional Development Fund (ERDF) on productivity, employment and other performance indicators of Latvian firms. After controlling for the fact that more productive and larger firms are more likely to benefit from ERDF resources, we find that participation in projects co-financed by the ERDF increases firms' employment, turnover and capital stock per employee immediately, while it raises their productivity only three years after the launch of such projects. Furthermore, participants that were initially less productive, larger, less capital intensive and more financially leveraged enjoy larger productivity gains. Also, financing capital investment through the ERDF does not result in any productivity gains compared to the case when it is financed through private funding. However, it results in a larger increase in employment, which is possibly partly due to the firm's plan to increase employment being one of important criteria for selecting the ERDF beneficiaries | ||
| 650 | 4 | |a Economics | |
| 650 | 4 | |a Latvia | |
| 700 | 1 | |a Tkacevs, Olegs |4 ctb | |
| 700 | 1 | |a Yashiro, Naomitsu |4 ctb | |
| 856 | 4 | 0 | |u https://doi.org/10.1787/98e0a368-en |x Verlag |z kostenfrei |3 Volltext |
| 912 | |a ZDB-13-SOC | ||
| 943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-033316294 | |
Datensatz im Suchindex
| _version_ | 1818806052749049856 |
|---|---|
| adam_text | |
| adam_txt | |
| any_adam_object | |
| any_adam_object_boolean | |
| author | Benkovskis, Konstantins |
| author2 | Tkacevs, Olegs Yashiro, Naomitsu |
| author2_role | ctb ctb |
| author2_variant | o t ot n y ny |
| author_facet | Benkovskis, Konstantins Tkacevs, Olegs Yashiro, Naomitsu |
| author_role | aut |
| author_sort | Benkovskis, Konstantins |
| author_variant | k b kb |
| building | Verbundindex |
| bvnumber | BV047934800 |
| collection | ZDB-13-SOC |
| ctrlnum | (ZDB-13-SOC)061275387 (OCoLC)1312704783 (DE-599)BVBBV047934800 |
| discipline | Wirtschaftswissenschaften |
| discipline_str_mv | Wirtschaftswissenschaften |
| doi_str_mv | 10.1787/98e0a368-en |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>00000nam a2200000zc 4500</leader><controlfield tag="001">BV047934800</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">220413s2018 xx o|||| 00||| eng d</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1787/98e0a368-en</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-13-SOC)061275387</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1312704783</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV047934800</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">aacr</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-384</subfield><subfield code="a">DE-91</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-824</subfield><subfield code="a">DE-29</subfield><subfield code="a">DE-739</subfield><subfield code="a">DE-355</subfield><subfield code="a">DE-20</subfield><subfield code="a">DE-1028</subfield><subfield code="a">DE-1049</subfield><subfield code="a">DE-188</subfield><subfield code="a">DE-521</subfield><subfield code="a">DE-861</subfield><subfield code="a">DE-898</subfield><subfield code="a">DE-92</subfield><subfield code="a">DE-573</subfield><subfield code="a">DE-19</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Benkovskis, Konstantins</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Do EU Funds boost productivity and employment?</subfield><subfield code="b">Firm level analysis for Latvia</subfield><subfield code="c">Konstantins Benkovskis, Olegs Tkacevs and Naomitsu Yashiro</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Paris</subfield><subfield code="b">OECD Publishing</subfield><subfield code="c">2018</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (38 Seiten)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">OECD Economics Department Working Papers</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">This paper investigates the effects of spending the European Regional Development Fund (ERDF) on productivity, employment and other performance indicators of Latvian firms. After controlling for the fact that more productive and larger firms are more likely to benefit from ERDF resources, we find that participation in projects co-financed by the ERDF increases firms' employment, turnover and capital stock per employee immediately, while it raises their productivity only three years after the launch of such projects. Furthermore, participants that were initially less productive, larger, less capital intensive and more financially leveraged enjoy larger productivity gains. Also, financing capital investment through the ERDF does not result in any productivity gains compared to the case when it is financed through private funding. However, it results in a larger increase in employment, which is possibly partly due to the firm's plan to increase employment being one of important criteria for selecting the ERDF beneficiaries</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Economics</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Latvia</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Tkacevs, Olegs</subfield><subfield code="4">ctb</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Yashiro, Naomitsu</subfield><subfield code="4">ctb</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.1787/98e0a368-en</subfield><subfield code="x">Verlag</subfield><subfield code="z">kostenfrei</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-033316294</subfield></datafield></record></collection> |
| id | DE-604.BV047934800 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T19:35:03Z |
| indexdate | 2024-12-18T19:03:39Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033316294 |
| oclc_num | 1312704783 |
| open_access_boolean | 1 |
| owner | DE-384 DE-91 DE-BY-TUM DE-473 DE-BY-UBG DE-824 DE-29 DE-739 DE-355 DE-BY-UBR DE-20 DE-1028 DE-1049 DE-188 DE-521 DE-861 DE-898 DE-BY-UBR DE-92 DE-573 DE-19 DE-BY-UBM |
| owner_facet | DE-384 DE-91 DE-BY-TUM DE-473 DE-BY-UBG DE-824 DE-29 DE-739 DE-355 DE-BY-UBR DE-20 DE-1028 DE-1049 DE-188 DE-521 DE-861 DE-898 DE-BY-UBR DE-92 DE-573 DE-19 DE-BY-UBM |
| physical | 1 Online-Ressource (38 Seiten) |
| psigel | ZDB-13-SOC |
| publishDate | 2018 |
| publishDateSearch | 2018 |
| publishDateSort | 2018 |
| publisher | OECD Publishing |
| record_format | marc |
| series2 | OECD Economics Department Working Papers |
| spelling | Benkovskis, Konstantins Verfasser aut Do EU Funds boost productivity and employment? Firm level analysis for Latvia Konstantins Benkovskis, Olegs Tkacevs and Naomitsu Yashiro Paris OECD Publishing 2018 1 Online-Ressource (38 Seiten) txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers This paper investigates the effects of spending the European Regional Development Fund (ERDF) on productivity, employment and other performance indicators of Latvian firms. After controlling for the fact that more productive and larger firms are more likely to benefit from ERDF resources, we find that participation in projects co-financed by the ERDF increases firms' employment, turnover and capital stock per employee immediately, while it raises their productivity only three years after the launch of such projects. Furthermore, participants that were initially less productive, larger, less capital intensive and more financially leveraged enjoy larger productivity gains. Also, financing capital investment through the ERDF does not result in any productivity gains compared to the case when it is financed through private funding. However, it results in a larger increase in employment, which is possibly partly due to the firm's plan to increase employment being one of important criteria for selecting the ERDF beneficiaries Economics Latvia Tkacevs, Olegs ctb Yashiro, Naomitsu ctb https://doi.org/10.1787/98e0a368-en Verlag kostenfrei Volltext |
| spellingShingle | Benkovskis, Konstantins Do EU Funds boost productivity and employment? Firm level analysis for Latvia Economics Latvia |
| title | Do EU Funds boost productivity and employment? Firm level analysis for Latvia |
| title_auth | Do EU Funds boost productivity and employment? Firm level analysis for Latvia |
| title_exact_search | Do EU Funds boost productivity and employment? Firm level analysis for Latvia |
| title_exact_search_txtP | Do EU Funds boost productivity and employment? Firm level analysis for Latvia |
| title_full | Do EU Funds boost productivity and employment? Firm level analysis for Latvia Konstantins Benkovskis, Olegs Tkacevs and Naomitsu Yashiro |
| title_fullStr | Do EU Funds boost productivity and employment? Firm level analysis for Latvia Konstantins Benkovskis, Olegs Tkacevs and Naomitsu Yashiro |
| title_full_unstemmed | Do EU Funds boost productivity and employment? Firm level analysis for Latvia Konstantins Benkovskis, Olegs Tkacevs and Naomitsu Yashiro |
| title_short | Do EU Funds boost productivity and employment? |
| title_sort | do eu funds boost productivity and employment firm level analysis for latvia |
| title_sub | Firm level analysis for Latvia |
| topic | Economics Latvia |
| topic_facet | Economics Latvia |
| url | https://doi.org/10.1787/98e0a368-en |
| work_keys_str_mv | AT benkovskiskonstantins doeufundsboostproductivityandemploymentfirmlevelanalysisforlatvia AT tkacevsolegs doeufundsboostproductivityandemploymentfirmlevelanalysisforlatvia AT yashironaomitsu doeufundsboostproductivityandemploymentfirmlevelanalysisforlatvia |