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ETLA Discussion Papers, Research Institute of the Finnish Economy >
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http://hdl.handle.net/10419/63652
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| Title: | | Public funding of R&D and growth: Firm-level evidence from Finland  |
| Authors: | | Piekkola, Hannu |
| Issue Date: | | 2005 |
| Series/Report no.: | | ETLA Discussion Papers, The Research Institute of the Finnish Economy (ETLA) 996 |
| Abstract: | | This study considers employment and productivity growth generated by the public funding of R&D using linked employer-employee data in Finland. Public subsidies, instrumented by available public R&D funding in the industry/region, have a positive effect on productivity growth in small and medium-sized firms and in firms close to the top of their field in productivity. |
| Subjects: | | R&D, public expenditures, endogenous growth, linked employer-employee data |
| JEL: | | O30 O32 O40 O52 R11 |
| Document Type: | | Working Paper |
| Appears in Collections: | | ETLA Discussion Papers, Research Institute of the Finnish Economy
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