Sunk Costs, Extensive R&D Subsidies and Permanent Inducement Effects

Author:

Arqué-Castells Pere12,Mohnen Pierre3

Affiliation:

1. Northwestern University; Searle Center for Law, Regulation and Economic Growth; Chicago Illinois 60611 U.S.A.

2. Institut d'Economia de Barcelona; Facultat d'Economia i Empresa, UB c/Tinent Coronel Valenzuela, 1-11; 08304 Bellaterra Barcelona Spain

3. Maastricht University; UNU-MERIT; Maastricht The Netherlands

Funder

Instituto de Estudios Fiscales

Generalitat de Catalunya

Spanish Ministry of Science and Innovation

Publisher

Wiley

Subject

Economics and Econometrics,General Business, Management and Accounting,Accounting

Reference27 articles.

1. Competition and Innovation: An Inverted U Relationship;Aghion;Quarterly Journal of Economics,2005

2. Persistence in R&D Performance and its Implications for the Granting of Subsidies;Arqué-Castells;Review of Industrial Organization,2013

3. Who Gets the Money? The Dynamics of R&D Project Subsidies in Germany;Aschhoff;Jahrbücher für Nationalökonomie und Statistik,2010

4. Baldwin , R. 1989 Sunk Costs Hysteresis

5. Who Participates in R&D Subsidy Programs? The Case of Spanish Manufacturing Firms;Blanes;Research Policy,2004

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