González, Xulia; Jaumandreu, Jordi; Pazó, Consuelo - Departamento de Economía Aplicada, Facultade de … - 2001
This paper explores the effects of R&D commercial subsidies by means of a model of firms’ decisions about performing R&D when some government support can be expected. To estimate the parameters of interest we use an unbalanced panel sample of 1,800 performing and non-performing Spanish...