Funding Forms, Market Conditions, and Dynamic Effects of Government R&D Subsidies

Funding Forms, Market Conditions, and Dynamic Effects of Government R&D Subsidies PDF Author: Di Guo
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
We examine various factors that influence the effects of government-subsidized research and development (R&D) programs on firm productivity. Based on a panel dataset of Chinese firms, we find the effects of the Innovation Fund for Small and Medium Technology Based Firms (Innofund) are dynamic over time and are heterogeneous depending on funding forms and the level of marketization and economic development across regions. In general, Innfound has significant and positive effects on firm productivity in both the short and long run. However, the short-term effects of Innofund are stronger than the long-term ones. Additionally, the positive effects of Innofund are stronger for firms backed by interest-free bank loans than those supported by appropriation. Meanwhile, Innofund has stronger positive effects in provinces that are less market-oriented or less developed economically. Finally, the short-term effects of Innofund stay stronger than the long-term ones even after we control the funding forms and the market conditions across regions. Identification and selection concerns are addressed through the propensity score matching approach and two-stage estimation.

Funding Forms, Market Conditions, and Dynamic Effects of Government R&D Subsidies

Funding Forms, Market Conditions, and Dynamic Effects of Government R&D Subsidies PDF Author: Di Guo
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
We examine various factors that influence the effects of government-subsidized research and development (R&D) programs on firm productivity. Based on a panel dataset of Chinese firms, we find the effects of the Innovation Fund for Small and Medium Technology Based Firms (Innofund) are dynamic over time and are heterogeneous depending on funding forms and the level of marketization and economic development across regions. In general, Innfound has significant and positive effects on firm productivity in both the short and long run. However, the short-term effects of Innofund are stronger than the long-term ones. Additionally, the positive effects of Innofund are stronger for firms backed by interest-free bank loans than those supported by appropriation. Meanwhile, Innofund has stronger positive effects in provinces that are less market-oriented or less developed economically. Finally, the short-term effects of Innofund stay stronger than the long-term ones even after we control the funding forms and the market conditions across regions. Identification and selection concerns are addressed through the propensity score matching approach and two-stage estimation.

Government Subsidies

Government Subsidies PDF Author: Mr.Benedict J. Clements
Publisher: International Monetary Fund
ISBN: 1451851480
Category : Business & Economics
Languages : en
Pages : 58

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Book Description
This paper addresses the problems of defining and measuring government subsidies, examines why and how government subsidies are used as a fiscal policy tool, assesses their economic effects, appraises international empirical evidence on government subsidies, and offers options for their reform. Recent international trends in government subsidy expenditure are analyzed for the 16-year period from 1975 to 1990, using general government subsidy data for 60 countries from the System of National Accounts (SNA) and central government expenditure on subsidies and other current transfers for 68 countries from Government Finance Statistics (GFS). The paper reviews major policy options for subsidy reform, focusing on ways to improve the cost-effectiveness of subsidy programs.

Government Subsidies

Government Subsidies PDF Author: Benedict Clements
Publisher:
ISBN:
Category :
Languages : en
Pages : 58

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Book Description
This paper addresses the problems of defining and measuring government subsidies, examines why and how government subsidies are used as a fiscal policy tool, assesses their economic effects, appraises international empirical evidence on government subsidies, and offers options for their reform. Recent international trends in government subsidy expenditure are analyzed for the 16-year period from 1975 to 1990, using general government subsidy data for 60 countries from the System of National Accounts (SNA) and central government expenditure on subsidies and other current transfers for 68 countries from Government Finance Statistics (GFS). The paper reviews major policy options for subsidy reform, focusing on ways to improve the cost-effectiveness of subsidy programs.

Dynamics of Energy, Environment and Economy

Dynamics of Energy, Environment and Economy PDF Author: Hassan Qudrat-Ullah
Publisher: Springer Nature
ISBN: 3030435784
Category : Business & Economics
Languages : en
Pages : 338

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Book Description
The book addresses the vital and interwoven areas of energy, environment, and the economy within the field of sustainability research. Fundamental technical details, empirical data, and case studies taking into account local and international perspectives are included. Issues such as energy security, depleting fossil fuel reserves, global warming and climate change, as well as novel energy technologies are covered. The dynamic global response will be discussed from the perspective of policy, technology, and economics. Vital details in the form of text boxes, illustrations, graphs, tables and appendices are included. The book will serve as reference book for upper-level undergraduate and graduate students, researchers, academics, policy makers, NGOs and developmental sector professionals within the field.

Agricultural Input Subsidies

Agricultural Input Subsidies PDF Author: Ephraim Chirwa
Publisher: Oxford University Press, USA
ISBN: 0199683522
Category : Business & Economics
Languages : en
Pages : 315

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Book Description
This book takes forward our understanding of agricultural input subsidies in low income countries.

NIH Guide for Grants and Contracts

NIH Guide for Grants and Contracts PDF Author: National Institutes of Health (U.S.)
Publisher:
ISBN:
Category : Research grants
Languages : en
Pages : 1006

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Book Description


Dynamics of an Authoritarian System

Dynamics of an Authoritarian System PDF Author: Mária Csanádi
Publisher: Central European University Press
ISBN: 9633866057
Category : Political Science
Languages : en
Pages : 197

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Book Description
This conceptually synthetic and empirically rich book demonstrates the vulnerability of democratic settings to authoritarianism and populism. Six scholars from various professional fields explore here the metamorphosis of a political party into a centralized authoritarian system. Viktor Orbán and his Fidesz party needed less than ten years to accomplish this transformation in Hungary. In 2010, after winning a majority that could make changes in the constitution – two-thirds of the parliamentary seats, they evolved and stabilized the system, which produced again the two-thirds majority in 2014 and 2018. The authors reveal how a democratic setting can be used as a device for political capture. They show how a political entity managed to penetrate almost all sub-fields of the economy to arrive at institutionalized corruption, and how the centralized power structure reproduces itself. With the help of a powerful empirical apparatus—among others analyses of more than 220,000 public tenders, redistributions of state subsidies, and the interconnectedness of those privileged with the political elite — the authors detail the functioning of a crony system and the network aspects of political connections in the rapid enrichment of politically-linked businesses. Their studies demonstrate the role of political capture in this redistribution and how this capture leads to a new social stratification.

Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022)

Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022) PDF Author: Yushi Jiang
Publisher: Springer Nature
ISBN: 9464630361
Category : Business & Economics
Languages : en
Pages : 1906

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Book Description
This is an open access book. With the support of universities and the research of AEIC Academic Exchange Center, The 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022) will be held in Dali from June 24th to 26th. Compared with previous conferences, it will discuss more in-depth economic independent innovation, open cooperation and innovative business culture under the background of the new development stage, new situation and new journey era. There will be a broad exchange environment. Well-known experts, scholars or entrepreneurs in the field will be invited to make keynote reports. Contributing authors are also very welcome to actively participate in the conference and build an academic exchange ceremony.

Commodities, Energy and Environmental Finance

Commodities, Energy and Environmental Finance PDF Author: René Aïd
Publisher: Springer
ISBN: 1493927337
Category : Mathematics
Languages : en
Pages : 431

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Book Description
This volume is a collection of chapters covering the latest developments in applications of financial mathematics and statistics to topics in energy, commodity financial markets and environmental economics. The research presented is based on the presentations and discussions that took place during the Fields Institute Focus Program on Commodities, Energy and Environmental Finance in August 2013. The authors include applied mathematicians, economists and industry practitioners, providing for a multi-disciplinary spectrum of perspectives on the subject. The volume consists of four sections: Electricity Markets; Real Options; Trading in Commodity Markets; and Oligopolistic Models for Energy Production. Taken together, the chapters give a comprehensive summary of the current state of the art in quantitative analysis of commodities and energy finance. The topics covered include structural models of electricity markets, financialization of commodities, valuation of commodity real options, game-theory analysis of exhaustible resource management and analysis of commodity ETFs. The volume also includes two survey articles that provide a source for new researchers interested in getting into these topics.

Reforming WTO Rules on State-Owned Enterprises

Reforming WTO Rules on State-Owned Enterprises PDF Author: Yingying Wu
Publisher: Springer
ISBN: 9811335613
Category : Law
Languages : en
Pages : 265

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Book Description
This book argues that the trade-distorting effects of advantages associated with SOEs are more severe from an economic perspective, and the behavior of SOEs after receiving advantages is of more concern, compared to private-owned enterprises (POEs). The premise is that the existence of SOEs per se is not the essential problem; rather, the underlying problems are (i) the disproportionate granting of advantages to SOEs (compared to POEs) and (ii) the behavior of SOEs once they receive advantages. The book offers a systematic analysis focusing on the various advantages granted to SOEs and their subsequent behavior. Its detailed analysis reveals the inadequacy of current WTO rules and is complemented by a number of concrete proposals.