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R&D and Subsidies at the Firm Level: An Application of Parametric and Semi-Parametric Two-Step Selection Models Author info | Abstract | Publisher info | Download info | Related research | Statistics Katrin Hussinger (Centre for European Economic Research ZEW)
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This paper analyzes the effects of public subsidies on R&D expenditure in the German manufacturing sector. The focus is on the question whether public R&D funding stimulates or crowds out private investment. Cross sectional data at the firm level is used. By applying parametric and semiparametric selection models, it turns out that public funding increases firms' R&D expenditure. Altough the magnitude of the treatment effect depends on the assumptions imposed by the particular selection model.
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Paper provided by EconWPA in its series Public Economics with number
0403005.
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Length: 33 pages
Date of creation: 26 Mar 2004Date of revision:
Handle: RePEc:wpa:wuwppe:0403005Note: Type of Document - pdf; pages: 33Contact details of provider: Web page: http://129.3.20.41
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Keywords: Innovation ; Public R&D Subsidies ; Policy Evaluation ; Paramteric and Semiparametric Two-Step Selection Models ; Other versions of this item:
Find related papers by JEL classification: C24 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Truncated and Censored Models H32 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Firm O31 - Economic Development, Technological Change, and Growth - - Technological Change - - - Innovation and Invention: Processes and Incentives O38 - Economic Development, Technological Change, and Growth - - Technological Change - - - Government Policy
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
David Marmet, 2004.
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