<abstract xmlns="http://www.w3.org/1999/xhtml"><p>The objective of this article was to identify and evaluate the effectiveness of subsidies used by companies, as well as to develop an approach to assess the effectiveness of subsidies for the manufacturing sector of Polish economy. In order to organise the results obtained by researchers dealing with the efficacy of subsidies, a meta-analysis, i.e. a quantitative assessment of empirical literature, was carried out. Based on the data from the financial statements of medium-sized and large Polish companies, published in <italic>Monitor Polski B</italic> (a former Official Journal of the Republic of Poland), an evaluation study was conducted to verify the research hypotheses. Based on the obtained results, it was found that the aid in the form of subsidies did not have a significant impact on the productivity of the subsidised companies, growth rate of assets or profitability.</p></abstract>

The objective of this article was to identify and evaluate the effectiveness of subsidies used by companies, as well as to develop an approach to assess the effectiveness of subsidies for the manufacturing sector of Polish economy. In order to organise the results obtained by researchers dealing with the efficacy of subsidies, a meta-analysis, i.e. a quantitative assessment of empirical literature, was carried out. Based on the data from the financial statements of medium-sized and large Polish companies, published in Monitor Polski B (a former Official Journal of the Republic of Poland), an evaluation study was conducted to verify the research hypotheses. Based on the obtained results, it was found that the aid in the form of subsidies did not have a significant impact on the productivity of the subsidised companies, growth rate of assets or profitability.

Are subsidies for Polish enterprises effective: empirical results based on panel data

Faculty of Economic Sciences University of Warsaw

Central European Economic Journal

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

The objective of this article was to identify and evaluate the effectiveness of subsidies used by companies, as well as to develop an approach to assess the...

Are subsidies for Polish enterprises effective: empirical results based on panel data

Published Online: Mar 25, 2020

Page range: 108 - 131

DOI: https://doi.org/10.2478/ceej-2019-0008

Keywords
subsidies for companies/public, evaluation study

© 2019 Beata Gosk et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Are subsidies for Polish enterprises effective: empirical results based on panel data

Published Online: Mar 25, 2020

Page range: 108 - 131

DOI: https://doi.org/10.2478/ceej-2019-0008

Keywordssubsidies for companies/public, evaluation study

© 2019 Beata Gosk et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Keywords
subsidies for companies/public, evaluation study