The DOI matches its Crossref record; 127 of the 127 references it cites were found in a registry or an index.
Are Incentives for R&D Effective? Evidence from a Regression Discontinuity Approach
Open accessAbstract
This paper evaluates a unique R&D subsidy program implemented in northern Italy. Firms were invited to submit proposals for new projects and only those which scored above a certain threshold received the subsidy. We use a sharp regression discontinuity design to compare the investment spending of subsidized firms with that of unsubsidized firms. For the sample as a whole we find no significant increase in investment. This overall effect, however, masks substantial heterogeneity in the program's impact. We estimate that small enterprises increased their investments—by approximately the amount of the subsidy they received—whereas larger firms did not. (JEL G31, G38, L52, O33, O38, R32)
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Some Causal Effects of an Industrial Policy
Criscuolo, C., Martin, R., Overman, H. G., & Van Reenen, J. (2019) · American Economic Review · doi:10.1257/aer.20160034 · Cited by 554
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Metadata
- Authors
- Bronzini, R., & Iachini, E.
- Venue
- American Economic Journal: Economic Policy
- Publisher
- American Economic Association
- Published
- 2014-11-01
- Volume
- 6
- Issue
- 4
- Pages
- 100-134
- ISSN
- 1945-7731 (ISSN-L)
- 1945-774X
- OpenAlex
- W3023192715
- Cited by
- 382
- References
- 127
- FWCI
- 156.55
- Type
- journal article
- Language
- en
- Open access
- green
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