THE IMPACT OF INVESTMENTS IN R&D ON FIRM PERFORMANCE: APPLICATIONS OF QUANTILE REGRESSION WITH INSTRUMENTAL VARIABLES

This study analyzes the impact of R&D in firms' sales levels, taking a sample of 2,000 firms. Using the technique of instrumental variables in the quantile regression, the coefficient of elasticity in R&D demonstrated to be considerably higher compared to the traditional method (Koenker...

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Veröffentlicht in:Revista de economia contemporânea 2018-01, Vol.22 (3)
Hauptverfasser: Leonardo Andrade Rocha, Ahmad Saeed Khan, Patrícia Verônica Pinheiro Sales Lima, Maria Ester Soares Dal Poz, Carlos Alano Soares de Almeida
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Sprache:por
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