作者 | 关泽洋一(高级研究员)、牧冈亮(研究员(政策经济学家))、山口晃(一桥大学/现:科学技术与学术政策研究所) |
---|---|
发表日期/编号 | 2020年6月 20-J-032 |
研究课题 | 综合性EBPM研究 |
下载/链接 |
概要
The paper analyzes the causal effects of the subsidies for small and medium-sized firms in Japan (collectively called the Monozukuri Subsidy), provided by the Japanese Small and Medium Enterprise Agency. Given the uniqueness of its selection process, where a firm's acceptance is determined discontinuously by scores granted by selection committees, we utilize a fuzzy regression discontinuity design (RDD) approach in order to derive causal effects of the subsidies. In addition, our RDD estimates for different years are aggregated using a meta-analysis framework. We do not find a significant difference between treated and control firms on their value-added, value-added per worker, employment, or capital. The results suggest that its fuzzy selection process should be improved to derive robust and statistically significant estimates.