Two for the price of one? : On additionality effects of R&D subsidies ; a comparison between Flanders and Germany
Kris Aerts and Tobias Schmidt
In this paper 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 survey (CIS III and IV). Both the non-parametric matching estimator and the conditional difference-in-difference 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.
Year of publication: |
2006
|
---|---|
Other Persons: | Aerts, Kris (contributor) ; Schmidt, Tobias (contributor) |
Publisher: |
Mannheim : ZEW Zentrum für Europäische Wirtschaftsforschung |
Subject: | Schätzung | Estimation | Deutschland | Germany | Belgien | Belgium | Vergleich | Comparison | Forschungsfinanzierung | Research funding | Industrieforschung | Industrial research | Verdrängungseffekt | Crowding out | Forschung und Entwicklung | Staatliche Forschung | Subvention | Evaluation |
Saved in:
freely available
Extent: | Online-Ressource, 29 S., Text |
---|---|
Series: | ZEW discussion papers. - Mannheim : ZEW, ZDB-ID 2125128-9. - Vol. 06-63 |
Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Arbeitspapier ; Working Paper |
Language: | English |
Notes: | Systemvoraussetzungen: Acrobat reader |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10003370000