New Perspectives on the Evaluation of Public R&D Funding
Pierpaolo Parrotta () and
Davide Sala ()
No 11-2, Working Papers from University of Aarhus, Aarhus School of Business, Department of Economics
Any economic criteria for an ecient allocation of resources is based on marginal \thinking". Such criteria can equally be applied to the evaluation of the public allocation of R&D funds. Di erently from the usual evaluation schemes - mainly dichotomous - this study implements the continuous treatment matching approach to investigate the optimality of the modulation of public grants. With this method, the marginal treatment e ects can be identi ed and sub-optimal amounts of public funding determined. Although we can distinguish cases of input additionality, the substitutability outcome seems to prevail also when unobserved heterogeneity is accounted for
Keywords: Public R&D funding; optimal amount of R&D funds; substitutability outcome (search for similar items in EconPapers)
JEL-codes: C14 H50 (search for similar items in EconPapers)
Pages: 32 pages
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5) Track citations by RSS feed
Downloads: (external link)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to www.hha.dk:80 (No such host is known. )
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:hhs:aareco:2011_002
Access Statistics for this paper
More papers in Working Papers from University of Aarhus, Aarhus School of Business, Department of Economics The Aarhus School of Business, Prismet, Silkeborgvej 2, DK 8000 Aarhus C, Denmark. Contact information at EDIRC.
Bibliographic data for series maintained by Helle Vinbaek Stenholt ( this e-mail address is bad, please contact ).