Evaluating the robustness of the effect of public subsidies on firm R&D and innovation: an application to Italy (Articolo in rivista)

Type
Label
  • Evaluating the robustness of the effect of public subsidies on firm R&D and innovation: an application to Italy (Articolo in rivista) (literal)
Anno
  • 2012-01-01T00:00:00+01:00 (literal)
Alternative label
  • Cerulli G., Potì B (2012)
    Evaluating the robustness of the effect of public subsidies on firm R&D and innovation: an application to Italy
    in Journal of applied economics
    (literal)
Http://www.cnr.it/ontology/cnr/pubblicazioni.owl#autori
  • Cerulli G., Potì B (literal)
Pagina inizio
  • 287 (literal)
Pagina fine
  • 320 (literal)
Http://www.cnr.it/ontology/cnr/pubblicazioni.owl#numeroVolume
  • vol XV (literal)
Rivista
Http://www.cnr.it/ontology/cnr/pubblicazioni.owl#numeroFascicolo
  • 2 (literal)
Http://www.cnr.it/ontology/cnr/pubblicazioni.owl#affiliazioni
  • CNR-Ceris (literal)
Titolo
  • Evaluating the robustness of the effect of public subsidies on firm R&D and innovation: an application to Italy (literal)
Abstract
  • This paper applies different econometric methods to evaluate the effect of public subsidies on firms' R&D activity. For the sake of robustness, results from the Heckman selection model (Heckit), Control-function regression, Difference-in-differences, and various Matching methods are compared by using the third and fourth wave of the Italian Community Innovation Survey (CIS3, years 1998-2000 and CIS4, years 2002-2004). We predict the absence of a full crowding-out of private R&D performance, both for the whole sample and for some subsets of firms. Nevertheless, we conclude that while for variables expressed as ratio (R&D intensity and R&D per employee) the difference in results is negligible, R&D expenditure presents a strong variability among the approaches, even for those relying on similar identification assumptions. Given the utmost importance of this target-variable, future works should go beyond the use of single methods, especially when they are thought of to steer future policymaking. (literal)
Prodotto di
Autore CNR
Insieme di parole chiave

Incoming links:


Prodotto
Autore CNR di
Http://www.cnr.it/ontology/cnr/pubblicazioni.owl#rivistaDi
Insieme di parole chiave di
data.CNR.it