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Targeting State Aid : Firm-level Evidence from France / Xun Li, Maryam Vaziri.
- Format:
- Book
- Government document
- Author/Creator:
- Li, Xun.
- Series:
- IMF Working Papers; Working Paper ; No. 2026/122
- IMF Working Papers
- Language:
- English
- Physical Description:
- 1 online resource (31 pages)
- Place of Publication:
- Washington, D.C. : International Monetary Fund, 2026.
- Summary:
- This paper examines the firm-level impact of state aid in France from 2016–23 and how targeting affects economic outcomes. Using firm-level data and a difference-in-differences approach, we find that aid is most effective for young firms, improving real outcomes while also crowding in private debt financing. Size-based targeting, by contrast, has limited impact. R&D support is particularly effective for young firms in high-tech sectors, and energy aid has the strongest effects in manufacturing, pointing to its potential role in helping firms reduce emissions and facilitating the green transition.
- Notes:
- Description based on print version record.
- ISBN:
- 9798229050166
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