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New Perspectives on the Evaluation of Public R&D Funding

Research output: Working paperResearch

Documents

  • Marianna Marino, École Polytechnique Fédérale de Lausanne, Switzerland
  • Pierpaolo Parrotta, Denmark
  • Davide Sala, Denmark
  • http://www.asb.dk/omos/institutter/departmentofeconomics/
  • GlobID -Globalization and Industry Dynamics
  • http://www.asb.dk/forskning/forskningscentreoggrupper/forskningscentre/centreforresearchinintegrationeducationqualificationsandmarg/
Any economic criteria for an effcient allocation of resources is based on
marginal "thinking". Such criteria can equally be applied to the evaluation
of the public allocation of R&D funds. Differently from the usual evaluation
schemes - mainly dichotomous - this study implements the continuous treatment
matching approach to investigate the optimality of the modulation
of public grants. With this method, the marginal treatment effects can be
identified and sub-optimal amounts of public funding determined. Although
we can distinguish cases of input additionality, the substitutability outcome
seems to prevail also when unobserved heterogeneity is accounted for.
Original languageEnglish
Place of publicationAarhus
PublisherDepartment of Economics, University of Aarhus
Number of pages32
ISBN (Print)9788778825223
ISBN (Electronic)9788778825230
Publication statusPublished - 2011

    Research areas

  • Public R&D funding; optimal amount of R&D funds; substitutability outcome

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