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S2E2 - Cailin Slattery, Bidding for Firms

Densely Speaking

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Are Agglomeration Spillvers in Manufacturing Plants?

The effect is largest when the subsidy deal is announced in the year of election. It maybe a signal that this politician is good, but you haven't experienced any economic benefit. And so lot of people would interpret this evidence as an important support for the presence of large agglomeration spillvers.

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