Nuremberg Research Seminar in Economics on 15 January 2020
You are invited to join the weekly Nuremberg Research Seminar in Economics on 15 January 2020, from 13.15 to 14.45 pm. The seminar will be held in room Number LG 0.423. Sebastian Siegloch (University of Mannheim) will be talking about “Efficiency and Equity Effects of Place-Based Policies: Evidence from Capital Subsidies in East Germany”.
Please find below the abstract:
We study the effects of capital investment subsidies mostly targeted at East German manufacturing firms post reunification. Exploiting quasi-experimental variation in the regional targeting of capital subsidies and administrative data on the regional and firm level, we estimate the causal effects of a large-scale place-based policy on local employment. In the course, we pay special attention to inter-regional as well as intraregional, inter-sectoral spill-overs, which underlie the overall policy effect. Moreover, we assess the distributional implications of the policy, assessing its contribution to the overall change in within-East inequality.