Resource title

Two for the price of one? On additionality effects of R&D subsidies: A comparison between Flanders and Germany

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image for OpenScout resource :: Two for the price of one? On additionality effects of R&D subsidies: A comparison between Flanders and Germany

Resource description

In this paper we empirically test whether public R&D subsidies crowd out private R&D investment in Flanders and Germany, using firm level data from the Flemish and German part of the Community Innovation survey (CIS III and IV). Both the non-parametric matching estimator and the conditional difference-in-difference estimator with repeated cross-sections (CDiDRCS) clearly indicate that the crowding-out hypothesis can be rejected: funded firms are significantly more R&D active than non-funded firms. In the domain of additionality effects of R&D subsidies, this paper is the first to apply the CDiDRCS method.

Resource author

Kris Aerts, Tobias Schmidt

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Resource publish date

Resource language

eng

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text/html

Resource resource URL

http://hdl.handle.net/10419/24518

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Adapt according to the presented license agreement and reference the original author.