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Evaluating the robustness of the effect of public subsidies on firms' R&D: an application to Italy

✍ Scribed by Cerulli, Giovanni; Potì, Bianca


Book ID
123444786
Publisher
Elsevier Science
Year
2012
Tongue
English
Weight
216 KB
Volume
15
Category
Article
ISSN
1514-0326

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R&D and subsidies at the firm level: an
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## Abstract This paper analyzes the effect of public R&D subsidies on firms' private R&D investment per employee and new product sales in German manufacturing. Parametric and semiparametric two‐step selection models are applied to this evaluation problem. The results show that the average treatment