Are R&D subsidies effective? The effect of industry competition
No 2018-37, Economics Discussion Papers from Kiel Institute for the World Economy (IfW)
This study explores the effect of industry competition on public R&D subsidies' effectiveness. The author finds the non-linear threshold effect of industry competition on R&D subsidies' effectiveness. Specifically, R&D subsidies' effectiveness reaches its peak when industry competition lies between the two estimated thresholds.
Keywords: social status; redistribution; externalities; optimal taxation (search for similar items in EconPapers)
JEL-codes: H25 L11 G31 G38 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:ifwedp:201837
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