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r&d and subsidies at the firm level: an application of parametric and semiparametric two-step selection models (replication data)

This paper analyzes the effect of public R&D subsidies on firms' private R&D investment per employee and new product sales in German manufacturing. Parametric and semiparametric two-step selection models are applied to this evaluation problem. The results show that the average treatment effect on the treated firms' R&D intensity is positive. The estimated effects are robust with respect to the different selection models. Further results show that publicly induced R&D spending is as productive as private R&D investment in generating new product sales.

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Hussinger, Katrin (2008): R&D and subsidies at the firm level: an application of parametric and semiparametric two-step selection models (replication data). Version: 1. Journal of Applied Econometrics. Dataset. http://dx.doi.org/10.15456/jae.2022319.0720934639