Do R&D subsidies stimulate or displace private R&D? Evidence from Israel

被引：429

作者：

Lach, S ^{[1
]}

机构：

[1] Hebrew Univ Jerusalem, IL-91905 Jerusalem, Israel

[2] NBER, IL-91905 Jerusalem, Israel

来源：

JOURNAL OF INDUSTRIAL ECONOMICS | 2002年 / 50卷 / 04期

关键词：

D O I：

10.1111/1467-6451.00182

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

In evaluating the effect of an R&D subsidy we need to know what the subsidized firm would have spent on R&D had it not received the subsidy. Using data on Israeli manufacturing firms in the 1990s we find evidence suggesting that the R&D subsidies granted by the Ministry of Industry and Trade greatly stimulated company financed R&D expenditures for small firms but had a negative effect on the R&D of large firms, although not statistically significant. One subsidized New Israeli Shekel (NIS) induces 11 additional NIS of own R&D for the small firms. However, because most subsidies go to the large firms a subsidy of one NIS generates, on average, a statistically insignificant 0.23 additional NIS of company financed RD.

引用

页码：369 / 390

页数：22

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