Evaluating the Effectiveness of Public Support to Private R&D: Evidence from Argentina

Chiara Binelli and Alessandro Maffioli ()

No 1106, OVE Working Papers from Inter-American Development Bank, Office of Evaluation and Oversight (OVE)

Abstract: The paper investigates the relationship between government interventions to promote investments in innovation and firms-financed R&D. Merging a unique panel data set on Argentinean firms in the 1990s with a data base on different types of public support received through FONTAR program, we estimate a fixed effects model and find evidence of a significant positive impact of FONTAR on private R&D. The result is robust to the use of an IV estimator that controls for the potential bias induced by changes in the structure of the program.

Keywords: Innovation; policy evaluation; panel data (search for similar items in EconPapers)
JEL-codes: C23 O32 O38 (search for similar items in EconPapers)
Pages: 44
Date: 2006-11
New Economics Papers: this item is included in nep-ino, nep-ipr, nep-pr~, nep-mic and nep-ppm
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:idb:ovewps:1106

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