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We address the question of whether the returns to R&D differ between R&D projects funded by public grants and R&D in general. To answer this question, we use a flexible production function that distinguishes between different types of R&D by source of finance. Our approach requires no adjustment...
Persistent link: https://www.econbiz.de/10010699688
The general aim of this paper is to review how matching methods try to solve the evaluation problem – with a particular … focus on propensity score matching – and their usefulness for the particular case of health programme evaluation. The … “classical” case of matching estimation with a single discrete treatment is presented as a basis for discussing recent …
Persistent link: https://www.econbiz.de/10005328366
of regression functions and matching estimators based on kernel methods with mixed categorical and continuous data. A …-neighbor matching on kernel-based propensity score with mixed categorical and continuous data produces a closer approximation to the …
Persistent link: https://www.econbiz.de/10005699626
The paper reports the empirical results of the validation of the Stochastic Production Frontier (SPF) Model to an unbalanced panel comprising a crosssection of 8 manufacturing industries over a time span of 26 years The results provide insights on the repercussions of the macro-economic reform...
Persistent link: https://www.econbiz.de/10010991510
This paper presents a survey of the micro-econometric literature on the effects of R&D tax credits on firms’ innovation activities. We focus on one specific aspect that has not received sufficient attention in previous research: the sectoral dimension. Our meta-regression analysis (MRA) sets...
Persistent link: https://www.econbiz.de/10011260787
Many economists have long held that market failures create a gap between social and private returns to Research and Development (R&D), thereby limiting private incentives to invest in R&D. However, this common belief that firms significantly underinvest in R&D is increasingly being challenged,...
Persistent link: https://www.econbiz.de/10010696698
Many economists have long held that market failures create a gap between social and private returns to Research and Development (R&D), thereby limiting private incentives to invest in R&D. However, this common belief that firms significantly underinvest in R&D is increasingly being challenged,...
Persistent link: https://www.econbiz.de/10010858022
Scant discussion exists in the literature about the relative design merits of various R&D schemes and most authors treat program design as a black box. In this paper, we assess the design features of three major forms of R&D support: entitlement schemes, competitive schemes and industry R&D...
Persistent link: https://www.econbiz.de/10010858797
The paper surveys the instruments that are available for innovation financing in India. It identifies three such instruments, namely research grants and loans, venture capital and tax incentives. The effectiveness of all these instruments are then examined in some general fashion, but one of the...
Persistent link: https://www.econbiz.de/10010860093
This paper presents a survey of the micro-econometric literature on the effects of R&D tax credits on firms’ innovation activities. We focus on one specific aspect that has not received sufficient attention in previous research: the sectoral dimension. Our meta-regression analysis (MRA) sets...
Persistent link: https://www.econbiz.de/10011263819