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We review and condense the body of literature on the economic returns of public R&D on private R&D and find that: (i) private returns to R&D appear to be large and larger than the returns to alternative investments; (ii) private R&D and R&D subsidies are positively correlated and there is no...
Persistent link: https://www.econbiz.de/10011772302
We review and condense the body of literature on the economic returns of public R&D on private R&D and find that: (i) private returns to R&D appear to be large and larger than the returns to alternative investments; (ii) private R&D and R&D subsidies are positively correlated and there is no...
Persistent link: https://www.econbiz.de/10011778909
in East Germany after reunification. We show that a 1-percentage-point decrease in the subsidy rate leads to a 1 …% decrease in manufacturing employment. We document important spillovers for untreated sectors in treated counties, untreated … counties connected via trade and local taxes, whereas we do not find spillovers on counties in the same local labor market. We …
Persistent link: https://www.econbiz.de/10012518065
in East Germany after reunification. We show that a 1-percentage-point decrease in the subsidy rate leads to a 1 …% decrease in manufacturing employment. We document important spillovers for untreated sectors in treated counties, untreated … counties connected via trade and local taxes, whereas we do not find spillovers on counties in the same local labor market. We …
Persistent link: https://www.econbiz.de/10012507883
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these investments spills over and also reduces production cost of the other firm. Comparing a general price subsidy and an …
Persistent link: https://www.econbiz.de/10014061179
Recently, the number of state interventions and of firm subsidies has largely increased. However, the possible outcome of such interventions is rather am-biguous. This paper investigates the impact of firm subsidies granted by Ger-man regional policy. The long experiences made with regional...
Persistent link: https://www.econbiz.de/10010430823