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Evaluating the Effectiveness of Public Support to Private R&D: Evidence from Argentina

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Author Info
Chiara Binelli () (University College London)
Alessandro Maffioli () (Inter-American Development Bank)

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Abstract

The paper investigates the relationship between government interventions to promote investments in innovation and firms-financed R&D. Merging a unique panel data set on Argentinean firms in the 1990s with a data base on different types of public support received through FONTAR program, we estimate a fixed effects model and find evidence of a significant positive impact of FONTAR on private R&D. The result is robust to the use of an IV estimator that controls for the potential bias induced by changes in the structure of the program.

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Publisher Info
Paper provided by Inter-American Development Bank, Office of Evaluation and Oversight (OVE) in its series OVE Working Papers with number 1106.

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Length: 44
Date of creation: Nov 2006
Date of revision:
Handle: RePEc:idb:ovewps:1106

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Related research
Keywords: Innovation; policy evaluation; panel data;

Find related papers by JEL classification:
O32 - Economic Development, Technological Change, and Growth - - Technological Change - - - Management of Technological Innovation and R&D
O38 - Economic Development, Technological Change, and Growth - - Technological Change - - - Government Policy
C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data

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This page was last updated on 2009-11-27.

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