Abstract

http://ssrn.com/abstract=1704482
 
 

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Econometric Evaluation of Public Policies for Science and Innovation: A Brief Guide to Practice


Luca Grilli


Politecnico di Milano

Samuele Murtinu


Università Cattolica del Sacro Cuore

February 18, 2011

POLICIES FOR SCIENCE AND INNOVATION: DESIGH AND EVALUATION, pp. 60-75, M.G. Colombo, L. Grilli, L. Piscitello and C. Rossi Lamastra, eds., Elgar

Abstract:     
This work reviews the principal econometric methods used to measure the effects of public R&D subsidies on firm performance. First, we show the main econometric challenges a researcher has to face in estimating the impact of a government policy scheme, by paying special attention to the issues of subsidy endogeneity and selection bias. Then, we review the main features of different methods. A discussion of advantages and drawbacks of each approach is offered to the reader, as well as suggestions for future improvements in this field of economic research.

Number of Pages in PDF File: 25

Keywords: R&D Public Subsidies, Endogeneity, Selection Bias

JEL Classification: C01, C18, L53, O38


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Date posted: November 8, 2010 ; Last revised: June 30, 2012

Suggested Citation

Grilli, Luca and Murtinu, Samuele, Econometric Evaluation of Public Policies for Science and Innovation: A Brief Guide to Practice (February 18, 2011). POLICIES FOR SCIENCE AND INNOVATION: DESIGH AND EVALUATION, pp. 60-75, M.G. Colombo, L. Grilli, L. Piscitello and C. Rossi Lamastra, eds., Elgar. Available at SSRN: http://ssrn.com/abstract=1704482

Contact Information

Luca Grilli
Politecnico di Milano ( email )
20134 Milan
Italy
Samuele Murtinu (Contact Author)
Università Cattolica del Sacro Cuore ( email )
Largo Gemelli, 1
Via Necchi 9
Milan, MI 20123
Italy
+390272342696 (Phone)
HOME PAGE: http://docenti.unicatt.it/ita/samuele_murtinu/
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