Two for the price of one? Additionality effects of R&D subsidies: A comparison between Flanders and Germany

被引：208

作者：

Aerts, Kris ^{[1
]}

Schmidt, Tobias ^{[2
]}

机构：

[1] Katholieke Univ Leuven, Dept Managerial Econ Strategy & Innovat MSI, BE-3000 Louvain, Belgium

[2] Econ Res Ctr, Deutsch Bundesbank, D-60431 Frankfurt, Germany

来源：

RESEARCH POLICY | 2008年 / 37卷 / 05期

关键词：

R&D; subsidies; policy evaluation; conditional difference-in-differences;

D O I：

10.1016/j.respol.2008.01.011

中图分类号：

C93 [管理学];

学科分类号：

12 ; 1201 ; 1202 ; 120202 ;

摘要：

We empirically test whether public R&D subsidies crowd out private R&D investment in Flanders and Germany, using firm level data from the Flemish and German part of the Community Innovation Surveys (CIS III and IV). Both the non-parametric matching estimator and the conditional difference-in-differences estimator with repeated cross-sections (CDiDRCS) clearly indicate that the crowding-out hypothesis can be rejected: funded firms are significantly more R&D active than non-funded firms. In the domain of additionality effects of R&D subsidies, this paper is the first to apply the CDiDRCS method. (c) 2008 Elsevier B.V. All rights reserved.

引用

页码：806 / 822

页数：17

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