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Strategic Trade Policy and Endogenous R&D-Subsidies: An Empirical Study

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  • Svensson, Peter

Abstract

By looking at the characteristics of industries targeted for R&D subsidies, the author examines empirically whether economic or political considerations seem to dominate in the formation of government R&D policy. In line with implications based on traditional economic theory, industries characterized by a high technological level of production, along with industries that pay above-normal returns to labor, receive more than average R&D support. On the other hand, industries in decline, along with labor intensive industries, are favored, which is expected from a political economy perspective. Copyright 1998 by WWZ and Helbing & Lichtenhahn Verlag AG

Suggested Citation

  • Svensson, Peter, 1998. "Strategic Trade Policy and Endogenous R&D-Subsidies: An Empirical Study," Kyklos, Wiley Blackwell, vol. 51(2), pages 259-275.
    • Handle: RePEc:bla:kyklos:v:51:y:1998:i:2:p:259-75
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    Cited by:

    1. Blanes, J. Vicente & Busom, Isabel, 2004. "Who participates in R&D subsidy programs?: The case of Spanish manufacturing firms," Research Policy, Elsevier, vol. 33(10), pages 1459-1476, December.
    2. Annamaria Nifo & Gaetano Vecchione, 2015. "A quali imprese vanno i sussidi pubblici? evidenza dall?industria manifatturiera italiana," RIVISTA DI ECONOMIA E STATISTICA DEL TERRITORIO, FrancoAngeli Editore, vol. 2015(3), pages 5-28.

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