Do public subsidies trigger firms’ overinvestment? Evidence from the Korean renewable energy technology industry

We empirically investigate whether government subsidies result in firms’ overinvestment using unbalanced panel data from 61 renewable energy technology firms in Korea between 1991 and 2018. Considering the diagnostic test results, we build a panel vector autoregression model and test how overinvestm...

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Detalles Bibliográficos
Autores principales: Sung, Bongsuk, Park, Sang Do, Choi, Myoung Shik
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Berlin Heidelberg 2022
Materias:
Research Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9365229/
https://www.ncbi.nlm.nih.gov/pubmed/35948791
http://dx.doi.org/10.1007/s11356-022-22429-7

Internet

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9365229/
https://www.ncbi.nlm.nih.gov/pubmed/35948791
http://dx.doi.org/10.1007/s11356-022-22429-7

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