Publication: Barriers to innovation and subsidy effectiveness
dc.affiliation.dpto | UC3M. Departamento de Economía | es |
dc.contributor.author | González, X. | |
dc.contributor.author | Jaumandreu, Jordi | |
dc.contributor.author | Pazó, Consuelo | |
dc.date.accessioned | 2009-09-16T10:21:38Z | |
dc.date.available | 2009-09-16T10:21:38Z | |
dc.date.issued | 2005 | |
dc.description.abstract | We explore the effects of subsidies by means of a model of firms' decisions about performing R&D when some government support can be expected. We estimate it with data on about 2,000 performinga nd nonperformingS panishm anufacturingfi rms. Wec omputet he subsidies required to induce R&D spending, we detect the firms that would cease to perform R&D without subsidies, and assess the change in the privately financed effort. Results suggest that subsidies stimulate R&D and some firms would stop performing in their absence, but most actual subsidies go to firms that would have performed R&D otherwise. We find no crowding out of private funds. | |
dc.description.status | Publicado | |
dc.format.mimetype | application/pdf | |
dc.identifier.bibliographicCitation | Rand Journal of Economics. 2005, vol. 36, nº 4, p. 930-950 | |
dc.identifier.issn | 1756-2171 | |
dc.identifier.uri | https://hdl.handle.net/10016/5202 | |
dc.language.iso | eng | |
dc.publisher | RAND Corporation | |
dc.rights | ©RAND Corporation | |
dc.rights.accessRights | open access | |
dc.subject.eciencia | Economía | |
dc.title | Barriers to innovation and subsidy effectiveness | |
dc.type | research article | * |
dc.type.review | PeerReviewed | |
dspace.entity.type | Publication |
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