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Evaluating the Effectiveness of Public Support to Private R&D: Evidence from Argentina

Author

Listed:
  • Chiara Binelli

    (University College London)

  • Alessandro Maffioli

    (Inter-American Development Bank)

Abstract

The paper investigates the relationship between government interventions to promote investments in innovation and firms-financed R&D. Merging a unique panel data set on Argentinean firms in the 1990s with a data base on different types of public support received through FONTAR program, we estimate a fixed effects model and find evidence of a significant positive impact of FONTAR on private R&D. The result is robust to the use of an IV estimator that controls for the potential bias induced by changes in the structure of the program.

Suggested Citation

  • Chiara Binelli & Alessandro Maffioli, 2006. "Evaluating the Effectiveness of Public Support to Private R&D: Evidence from Argentina," OVE Working Papers 1106, Inter-American Development Bank, Office of Evaluation and Oversight (OVE).
    • Handle: RePEc:idb:ovewps:1106
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    File URL: http://idbdocs.iadb.org/WSDocs/getdocument.aspx?docnum=907635&Cache=True
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    Citations

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    Cited by:

    1. Casaburi, Gabriel & Crespi, Gustavo & De León, Ignacio L. & Figal Garone, Lucas & Grazzi, Matteo & Guaipatín, Carlos & Katz, Jorge & Llisterri, Juan J. & Maffioli, Alessandro & Navarro, Juan Carlos & , 2016. "La política de innovación en América Latina y el Caribe: Nuevos caminos," IDB Publications (Books), Inter-American Development Bank, number 7705.
    2. Dezhina, I. & Simachev, Yu., 2013. "Matching Grants for Stimulating Partnerships between Companies and Universities in Innovation Area: Initial Effects in Russia," Journal of the New Economic Association, New Economic Association, vol. 19(3), pages 99-122.
    3. Gabriel Casaburi & Gustavo Crespi & Ignacio L. De León & José Fernández & Lucas Figal Garone & Matteo Grazzi & Carlos Guaipatín & Jorge Katz & Juan J. Llisterri & Alessandro Maffioli & Juan Carlos Nav, 2016. "La política de innovación en América Latina y el Caribe: Nuevos caminos," IDB Publications (Books), Inter-American Development Bank, number 94816 edited by Juan Carlos Navarro & Jocelyn Olivari, February.
    4. Diego Aboal & Gustavo Rojas & Belén Servín & Paz Queraltó, 2019. "How Effective are Innovation Support Programs to Stimulate Innovation? Evidence from Paraguay," Documentos de Trabajo 17233, The Latin American and Caribbean Economic Association (LACEA).

    More about this item

    Keywords

    Innovation; policy evaluation; panel data;
    All these keywords.

    JEL classification:

    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models

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