Capital Subsidies and their Impact on Total Factor Productivity: Firm-Level Evidence from Northern Ireland*
利用独特匹配数据集，研究北爱尔兰制造业企业获得的政府资本补贴是否提升了全要素生产率，为评估产业政策效果提供证据。
Abstract. Manufacturing industry in Northern Ireland receives extensive financial support from government with the objective of improving the economic performance of the plants that are directly assisted. Many studies have tried to assess the impact of such assistance, but without the counterfactual evidence it is difficult to ascertain whether or not such support does improve performance. The aim of this paper is to use a unique matched data set to establish if such assistance has made a difference to total factor productivity in Northern Ireland manufacturing plants.