Staff Publications

Staff Publications

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    'Staff publications' is the digital repository of Wageningen University & Research

    'Staff publications' contains references to publications authored by Wageningen University staff from 1976 onward.

    Publications authored by the staff of the Research Institutes are available from 1995 onwards.

    Full text documents are added when available. The database is updated daily and currently holds about 240,000 items, of which 72,000 in open access.

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Record number 308539
Title Microsimulation of Corporate Response to Investment Subsidies
Author(s) Tongeren, F.W. van
Source Journal of Policy Modeling (1998). - ISSN 0161-8938
Department(s) LEI Wageningen UR
Publication type Refereed Article in a scientific journal
Publication year 1998
Abstract The article presents an application of microsimulation to modeling of firm behavior in an economy-wide framework. The model is used to investigate the response of industrial corporations to investment subsidies in the Netherlands and traces the effects to the macro economic level. The microsimulation model enables direct estimates of the changes in expected profitability and liquidity effects. The results indicate that investment subsidies that have been used in the Netherlands during the 1980s were insufficient to alter investment decisions dramatically. An unintended side effect of the subsidy was an improvement of the solvability position of firms.
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