Public Sector Economics

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Effects of grants from EU funds on business performance of non-financial corporations in Croatia*



Domagoj Šelebaj**
   
Matej Bule**
Article   |   Year:  2021   |   Pages:  177 - 207   |   Volume:  45   |   Issue:  2
Received:  June 1, 2020   |   Accepted:  February 10, 2021   |   Published online:  June 6, 2021
Download citation        https://doi.org/10.3326/pse.45.2.1       


Table 1
Results of probit model
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Table 2
Results of the analysis of selected indicators by applying the difference in differences method
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Table 3
Results of the analysis of selected indicators by applying the difference in differences method
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Figure 1
Estimate of the relationship between grant size and impact level on trends in operating income (left) and total employment rate (right)
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Figure 2
Estimate of the relationship between grant size and impact level on trends in corporate beneficiaries’ capital intensity (left) and indebtedness levels (right)
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Figure 3
Estimate of the relationship between grant size and impact level on trends in total factor productivity (left) and labour productivity (right)
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Table A1
List of variables used in the analysis
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Table A3
Arithmetic mean differences between enterprises in the treated and control groups
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Table A4
Analysis results for selected business performance indicators through the difference in differences method with control group of 2 and 10 nearest neighbours
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Table A5
Generalised propensity score (GPS) estimates
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  June, 2021
II/2021
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