<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>This study examines the effect of the subsidies given to firms through the Rural Development Programme (RDP) for Mainland Finland in Finland during the 2007–2013 period. In order to understand the impacts that this programme had, the study uses counterfactual modelling to analyse what forms of subsidies impact job creation in supported firms. The results showed that subsidies from the RDP had a positive impact on the development of subsidized firms and thus, the RDP was a key instrument for the renewal of the countryside and the promotion of rural viability in Finland.</p>
</abstract>

This study examines the effect of the subsidies given to firms through the Rural Development Programme (RDP) for Mainland Finland in Finland during the 2007–2013 period. In order to understand the impacts that this programme had, the study uses counterfactual modelling to analyse what forms of subsidies impact job creation in supported firms. The results showed that subsidies from the RDP had a positive impact on the development of subsidized firms and thus, the RDP was a key instrument for the renewal of the countryside and the promotion of rural viability in Finland.

Do the Subsidies of the Rural Development Programme Increase Employment in Rural Firms? A Counterfactual Impact Evaluation from Mainland Finland

Associate Professor, University of Eastern

European Countryside

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

This study examines the effect of the subsidies given to firms through the Rural Development Programme (RDP) for Mainland Finland in Finland during the...

Do the Subsidies of the Rural Development Programme Increase Employment in Rural Firms? A Counterfactual Impact Evaluation from Mainland Finland

Published Online: Jun 28, 2023

Page range: 167 - 185

Received: Jun 15, 2022

Accepted: Nov 11, 2022

DOI: https://doi.org/10.2478/euco-2023-0009

Keywords
Firm subsidies, RDP, counterfactual evaluation, Finland, jobs

© 2023 Olli Lehtonen, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Do the Subsidies of the Rural Development Programme Increase Employment in Rural Firms? A Counterfactual Impact Evaluation from Mainland Finland

Published Online: Jun 28, 2023

Page range: 167 - 185

Received: Jun 15, 2022

Accepted: Nov 11, 2022

DOI: https://doi.org/10.2478/euco-2023-0009

KeywordsFirm subsidies, RDP, counterfactual evaluation, Finland, jobs

© 2023 Olli Lehtonen, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
Firm subsidies, RDP, counterfactual evaluation, Finland, jobs