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dc.contributor.authorSlavtchev, Viktoren_US
dc.contributor.authorWiederhold, Simonen_US
dc.date.accessioned2011-09-06en_US
dc.date.accessioned2012-04-11T09:29:32Z-
dc.date.available2012-04-11T09:29:32Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/56846-
dc.description.abstractThis paper addresses the question of whether government procurement can work as a de facto innovation policy tool. We develop an endogenous growth model with quality-improving in-novation that incorporates industries with heterogeneous innovation sizes. Government de-mand in high-tech industries increases the market size in these industries and, with it, the in-centives for private firms to invest in R&D. At the economy-wide level, the additional R&D induced in high-tech industries outweighs the R&D foregone in all remaining industries. The implications of the model are empirically tested using a unique data set that includes federal procurement in U.S. states. We find evidence that a shift in the composition of government purchases toward high-tech industries indeed stimulates privately funded company R&D.en_US
dc.language.isoengen_US
dc.publisherUniv. [u.a.] Jenaen_US
dc.relation.ispartofseriesJena economic research papers 2011,036en_US
dc.subject.jelE62en_US
dc.subject.jelH54en_US
dc.subject.jelH57en_US
dc.subject.jelO31en_US
dc.subject.jelO32en_US
dc.subject.jelO41en_US
dc.subject.ddc330en_US
dc.subject.keywordpublic demanden_US
dc.subject.keywordtechnological changeen_US
dc.subject.keywordendogenous growthen_US
dc.subject.stwÖffentliche Beschaffungen_US
dc.subject.stwHochtechnologiesektoren_US
dc.subject.stwInnovationspolitiken_US
dc.subject.stwIndustrielle Forschungen_US
dc.subject.stwUSAen_US
dc.titleThe impact of government procurement composition on private R&D activitiesen_US
dc.typeWorking Paperen_US
dc.identifier.ppn667757759en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Jena Economic Research Papers, MPI für Ökonomik

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