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Two for the price of one? : On additionality effects of R&D subsidies ; a comparison between Flanders and Germany Author info | Abstract | Publisher info | Download info | Related research | Statistics Aerts, Kris
Schmidt, Tobias
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In this paper we empirically test whether public R&D subsidies crowd out private R&D investment in Flanders and Germany, using firm level data from the Flemish and German part of the Community Innovation survey (CIS III and IV). Both the non-parametric matching estimator and the conditional difference-in-difference estimator with repeated cross-sections (CDiDRCS) clearly indicate that the crowding-out hypothesis can be rejected: funded firms are significantly more R&D active than non-funded firms. In the domain of additionality effects of R&D subsidies, this paper is the first to apply the CDiDRCS method. --
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Paper provided by ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research in its series ZEW Discussion Papers with number
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Date of creation: 2006Date of revision:
Handle: RePEc:zbw:zewdip:5457Contact details of provider: Postal: L 7,1; D - 68161 Mannheim Phone: +49/621/1235-01 Fax: +49/621/1235-224 Email: Web page: http://www.zew.de/ More information through EDIRC
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Keywords: R&D ; Subsidies ; Policy Evaluation ; Conditional Difference-in-Difference ; Other versions of this item:
Find related papers by JEL classification: O38 - Economic Development, Technological Change, and Growth - - Technological Change - - - Government Policy H50 - Public Economics - - National Government Expenditures and Related Policies - - - General C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - Semiparametric and Nonparametric Methods
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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.)
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