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Title:Two for the price of one? On additionality effects of R&D subsidies: A comparison between Flanders and Germany PDF Logo
Authors:Aerts, Kris
Schmidt, Tobias
Issue Date:2006
Series/Report no.:ZEW Discussion Papers 06-63
Abstract: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.
Subjects:R&D
Subsidies
Policy Evaluation
Conditional Difference-in-Difference
JEL:O38
H50
C21
C14
Document Type:Working Paper
Appears in Collections:ZEW Discussion Papers
Publikationen von Forscherinnen und Forschern des ZEW

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