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Title:R&D and Subsidies at the Firm Level: An Application of Parametric and Semi-Parametric Two-Step Selection Models PDF Logo
Authors:Hussinger, Katrin
Issue Date:2003
Series/Report no.:ZEW Discussion Papers 03-63
Abstract:This paper analyzes the effects of public R&D 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 apllying 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.
Subjects:Innovation
Public R&D Subsidies
Policy Evaluation
Parametric and Semiparametric Two-Step Selection Models
JEL:O31
C24
H32
O38
Document Type:Working Paper
Appears in Collections:Publikationen von Forscherinnen und Forschern des ZEW
ZEW Discussion Papers

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