EconPapers    
Economics at your fingertips  
 

The Effect of R&D Subsidies on Private R&D: Evidence from Italian Manufacturing Data

Oliviero Carboni

Working Paper CRENoS from Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia

Abstract: This paper uses a comprehensive firm level data set for the manufacturing sector in Italy to investigate the effect of government support on privately financed R&D expenditure. Estimates from a two-step equation model suggest that public assistance has a positive effect on private R&D investment. A non parametric matching procedure is also used to investigate the same effect. Here again the results suggest that the recipient firms achieve more private R&D than they would have without public support. The paper also examines whether public funding effects the financial sources available for R&D and finds that grants encourage credit financing for R&D. The effects on the use of internal sources are not conclusive.

Keywords: applied econometrics; matching; public subsidies; r&d investment (search for similar items in EconPapers)
JEL-codes: C24 L10 O30 O31 O38 O40 (search for similar items in EconPapers)
Date: 2008
New Economics Papers: this item is included in nep-ino, nep-ipr, nep-pr~, nep-knm, nep-mic and nep-ppm
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://crenos.unica.it/crenos/node/279
https://crenos.unica.it/crenos/sites/default/files/wp/08-15_1_.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cns:cnscwp:200815

Access Statistics for this paper

More papers in Working Paper CRENoS from Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia Contact information at EDIRC.
Bibliographic data for series maintained by CRENoS ().

 
Page updated 2024-04-25
Handle: RePEc:cns:cnscwp:200815