Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/63652
Authors: 
Piekkola, Hannu
Year of Publication: 
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

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