000098304 001 __ 98304
000098304 005 __20140529233047.0
000098304 024 8_ $9 driver $a oai:ddd.uab.cat:98304
000098304 035 __ $a oai:www.recercat.cat:2072/196043
000098304 041 __ $a eng
000098304 080 __ $a 332
000098304 100 1_ $a Arqué Castells, Pere
000098304 245 10 $a Sunk costs, extensive R&D subsidies and permanent inducement effects
000098304 260 __ $b Xarxa de Referència en Economia Aplicada (XREAP) $c 2012
000098304 300 __ $a 44 p.
000098304 520 __ $a We study whether there is scope for using subsidies to smooth out barriers to R&D performance and expand the share of R&D firms in Spain. We consider a dynamic model with sunk entry costs in which firms’ optimal participation strategy is defined in terms of two subsidy thresholds that characterise entry and continuation. We compute the subsidy thresholds from the estimates of a dynamic panel data type-2 tobit model for an unbalanced panel of about 2,000 Spanish manufacturing firms. The results suggest that “extensive” subsidies are a feasible and efficient tool for expanding the share of R&D firms.
000098304 540 __ $9 info:eu-repo/semantics/openAccess $a L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons: $u http://creativecommons.org/licenses/by/3.0/es/
000098304 546 __ $a Anglès.
000098304 653 __ $a Recerca industrial
000098304 653 __ $a Subvencions
000098304 653 __ $a Espanya
000098304 653 __ $a Industrial research
000098304 653 __ $a Subsidies
000098304 653 __ $a Spain
000098304 655 _4 $a info:eu-repo/semantics/workingPaper
000098304 700 1_ $a Mohnen, Pierre A.
000098304 710 1_ $a Xarxa de Referència en Economia Aplicada (XREAP)
000098304 762 18 $w hdl_2072_13171
000098304 830 __ $a XREAP ; $v 2012-10
000098304 856 40 $p 73 $s 411344 $u http://ddd.uab.cat/pub/estudis/2012/hdl_2072_196043/XREAP2012-10.pdf
000098304 856 42 $3 Adreça alternativa $u http://hdl.handle.net/2072/196043
000098304 980 __ $a ESTUDIS $b UAB