R&D and subsidies at the firm level: an
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Katrin Hussinger
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Article
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2008
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John Wiley and Sons
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English
β 183 KB
## 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 twoβstep selection models are applied to this evaluation problem. The results show that the average treatment