Plausibly Exogenous [1396] - R&D Subsidy (11/27/2023)
LHS Variable
Investment
RHS Variable
R&D subsidy
Source of Exogenous Variation
Discontinuity in eligibility for a R&D subsidy program implemented in northern Italy: firms were invited to submit proposals for new projects and only those which scored above a certain threshold received the subsidy
- Bronzini and Iachini (2014), “Are incentives for R&D effective? Evidence from a regression discontinuity approach”