The impact of public R&D policy on business-funded R&D (case of OECD countries)

Svetlana Balashova ()
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Svetlana Balashova: Peoples’ Friendship University of Russia, Moscow
Authors registered in the RePEc Author Service: Светлана Алексеевна Балашова

Applied Econometrics, 2015, vol. 38, issue 2, 64-82

Abstract: The main policy tools used by government to stimulate private R&D are public (government and university) research, government funding of business-performed R&D and fiscal incentives. The aim of the paper is to assess the effect of government spending through these channels on business-funded and business-performed R&D for OECD countries over the period 1981–2012.

Keywords: R&D expenditures; government-funded R&D; tax incentives; fixed effect model; partial adjustment model. (search for similar items in EconPapers)
JEL-codes: C33 H25 O30 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ris:apltrx:0266

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