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While large businesses in Japan have seen a gradual increase in labour productivity since the global financial crisis, the productivity of SMEs remains stagnant. This column investigates the effects of the Japanese government’s Business Sustainable Subsidy programme, launched in response to this situation, on SMEs’ performance. The findings suggest that application to the ....

United States , United Kingdom , J Van Reenen , David Atkinson , Jf Burgess Jr , Tokyo Shoko Research , Ministry Of Economy , Japan Chamber , Goldman Sachs , Government Support Program , White Paper On Small Medium Enterprises , Medium Enterprise Agency , Subsidy Worth For Small Enterprises , Statistical Methods In Medical Research , Central Federation Of Societies Commerce , Prime Minister , Financial Statements Statistics , Business Sustainable Subsidy , Regional Selective Assistance , Central Federation , Business Advice , Small Business Economics , Regression Discontinuity , American Economic Journal , Economic Policy , Causal Effects ,