Il finanziamento pubblico alla ricerca spiazza l’investimento privato in ricerca? Analisi ed implicazioni per la crescita economica dei paesi
AbstractThe purpose of this paper is to analyze the relationship between public and private funding for research. Data from Eurostat are used. The methodology applies descriptive statistics, correlation, regression and cluster analyses. The main results are: public funding for research crowds out business funding one; moreover private rather than public funding for research is the cause of economic growth of countries. The best economic performance has been achieved by the USA, followed by Europe and Japan. Italy instead has higher public funds of research than private one and the result is low rate of economic growth over time.
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Bibliographic InfoPaper provided by Institute for Economic Research on Firms and Growth - Moncalieri (TO) in its series CERIS Working Paper with number 200704.
Length: 30 pages
Date of creation: Jun 2007
Date of revision:
Research Funding; Economic Growth; Comparative Study; Research Policy; Crowding-out;
Find related papers by JEL classification:
- C00 - Mathematical and Quantitative Methods - - General - - - General
- E00 - Macroeconomics and Monetary Economics - - General - - - General
- E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
- H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
- O38 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Government Policy
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
- O57 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-12-08 (All new papers)
- NEP-EDU-2007-12-08 (Education)
- NEP-MAC-2007-12-08 (Macroeconomics)
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