Are R&D subsidies effective? The effect of industry competition
Xiang Xin
No 2018-37, Economics Discussion Papers from Kiel Institute for the World Economy (IfW Kiel)
Abstract:
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: G31 G38 H25 L11 (search for similar items in EconPapers)
Date: 2018
New Economics Papers: this item is included in nep-com and nep-ind
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https://www.econstor.eu/bitstream/10419/178494/1/1020786264.pdf (application/pdf)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:ifwedp:201837
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