R&D and Subsidies at the Firm Level: An Application of Parametric and Semi-Parametric Two-Step Selection Models

Arbeitspapier

This paper analyzes the effects of public R&D subsidies on R&D expenditure in the German manufacturing sector. The focus is on the question whether public R&D funding stimulates or crowds out private investment. Cross sectional data at the firm level is used. By apllying parametric and semiparametric selection models, it turns out that public funding increases firms? R&D expenditure. Altough the magnitude of the treatment effect depends on the assumptions imposed by the particular selection model.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: ZEW Discussion Papers ; No. 03-63

Classification and Topics

• Classification: Wirtschaft ; Innovation and Invention: Processes and Incentives ; Single Equation Models; Single Variables: Truncated and Censored Models; Switching Regression Models; Threshold Regression Models ; Fiscal Policies and Behavior of Economic Agents: Firm ; Technological Change: Government Policy
• Subject: Innovation ; Public R&D Subsidies ; Policy Evaluation ; Parametric and Semiparametric Two-Step Selection Models ; Forschungssubvention ; Forschungsfinanzierung ; Innovation ; Wirtschaftspolitische Wirkungsanalyse ; Schätzung ; Deutschland

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Hussinger, Katrin
• Event: Veröffentlichung
• (who): Zentrum für Europäische Wirtschaftsforschung (ZEW)
• (where): Mannheim
• (when): 2003

Further information

• Handle: http://hdl.handle.net/10419/23997
• Last update: 10.03.2025, 11:43 AM CET