Does government R&D stimulate or crowd out firm R&D spending? Evidence from Chinese manufacturing industries

We examine whether receiving a government R&D grant stimulates or crowds out a firm’s own R&D spending in Chinese manufacturing industries. Using a database that spans the population of large and medium size privately owned Chinese manufacturing firms for the period from 2007 to 2011, a matc...

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Veröffentlicht in:	Economics of transition and institutional change 2019-04, Vol.27 (2), p.497-518
Hauptverfasser:	Hu, Albert G.Z., Yongxu, Deng
Format:	Artikel
Sprache:	eng
Schlagworte:	Chinese manufacturing industries Companies Crowds government subsidy Manufacturing R&D Research & development Research & development expenditures technical change
Online-Zugang:	Volltext
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