<> "The repository administrator has not yet configured an RDF license."^^ . <> . . . "Cohesion Policy Meets Heterogeneous Firms"^^ . "In this paper, we empirically test the effects of the EU ‘cohesion policy’ on the performance of\r\nabout 500,000 European manufacturing firms after combining regional policy data at NUTS-\r\n2 level with firm-level data. In a framework of heterogeneous firms and different absorptive\r\ncapacity of regions, we show that financing of ‘cohesion policy’ by European Regional Development\r\nFund (ERDF) aimed at direct investments in R&D correlates with improvement of firms’\r\nproductivity in a region. Conversely, funding designed at overall Business Support correlates\r\nwith negative productivity growth rates. In both cases, we registered an asymmetric impact\r\nalong the firms’ productivity distribution, where a stronger impact can be detected in the first\r\nquartile, i.e. less efficient firms in a region. We finally argue that considering the heterogeneity\r\nof firms allows a better assessment of the impact of ‘cohesion policy’ measures."^^ . "2018-02" . . "2" . . "IMT School for Advanced Studies Lucca"^^ . . . . . . . . . . . . . "Loredana"^^ . "Fattorini"^^ . "Loredana Fattorini"^^ . . "Armando"^^ . "Rungi"^^ . "Armando Rungi"^^ . . "Mahdi"^^ . "Ghodsi"^^ . "Mahdi Ghodsi"^^ . . . . . . "Cohesion Policy Meets Heterogeneous Firms (PDF)"^^ . . . . . . "EIC_WP_2_2018.pdf"^^ . . . "Cohesion Policy Meets Heterogeneous Firms (Other)"^^ . . . . . . "lightbox.jpg"^^ . . . "Cohesion Policy Meets Heterogeneous Firms (Other)"^^ . . . . . . "preview.jpg"^^ . . . "Cohesion Policy Meets Heterogeneous Firms (Other)"^^ . . . . . . "medium.jpg"^^ . . . "Cohesion Policy Meets Heterogeneous Firms (Other)"^^ . . . . . . "small.jpg"^^ . . "HTML Summary of #3893 \n\nCohesion Policy Meets Heterogeneous Firms\n\n" . "text/html" . . . "HB Economic Theory"@en . . . "HD Industries. Land use. Labor"@en . .