TY  - RPRT
        AU  - Brown, J. David
AU  - Denes, Matthew
AU  - Duchin, Ran
AU  - Hackney, John
        TI  - How Big Is Small? The Economic Effects of Access to Small Business Subsidies
        PY  - 2024/Jun/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 17092
        UR  - https://www.iza.org/publications/dp17092
        AB  - Industry size standards that determine eligibility for small business subsidies have vastly increased over the past decade. We exploit quasi-random variation in the implementation of size standard increases to study the effects on small firms, subsidy allocation, and industry outcomes using Census Bureau microdata. Following size standard increases, revenues decline for an industry's smallest firms, and they are less likely to survive. We link these effects to a reallocation of government procurement contracts from smaller to larger firms. Consequently, industries become more concentrated and growth declines. These findings highlight the broad economic effects of changing eligibility for small business subsidies.
        KW  - government subsidies
KW  - small firms
KW  - procurement
        ER  -