R&D Subsidies, Innovation Location, and Productivity Growth

Material type: 文書・図像類

Author: Davis, Colinほか

Publisher: The Institute of Social and Economic Research, Osaka University

Publication date: 2023-12

Material Format: Paper

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Note (General)：: This paper studies how national research subsidies affect productivity growth and national welfare through adjustments in the geographic location of r...

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Paper

Material Type: 文書・図像類
Title: R&D Subsidies, Innovation Location, and Productivity Growth
Author/Editor: Davis, Colin
Hashimoto, Ken-ichi
Author Heading: Davis, Colin
https://nrid.nii.ac.jp/nrid/1000070432557
Hashimoto, Ken-ichi
https://nrid.nii.ac.jp/nrid/1000070403219
Publication, Distribution, etc.: The Institute of Social and Economic Research, Osaka University
Publication Date: 2023-12
Publication Date (W3CDTF): 2023-12
Periodical title: Institute of Social and Economic Research Discussion Papers
No. or year of volume/issue: 1226
Volume: 1226
Pages: 1-32
ISSN (Periodical Title): PISSN : 0473453X
EISSN : 24350982
Text Language Code: eng
Subject Heading: Optimal R&D Subsidies
Industry and Innovation Location patterns
Endogenous Productivity Growth
Endogenous Market Structure
Target Audience: 一般
Note (General): This paper studies how national research subsidies affect productivity growth and national welfare through adjustments in the geographic location of research and development (R&D) across countries. Our two-country framework features a tension in the firm-level innovation location decision between accessing technical knowledge and sourcing low-cost high-skilled labor. With trade costs and imperfect international knowledge diffusion, the larger country has a greater share of industry and tends to host a larger share of innovation. In this setting, we find that an R&D subsidy expands the implementing country’s share of innovation and raises the rate of productivity growth. Although the non-implementing country experiences a welfare improvement, the rising cost of the policy generates a concave relationship between the R&D subsidy and the welfare of the implementing country, yielding an optimal R&D subsidy rate.
References (URI): https://www.iser.osaka-u.ac.jp/library/dp/2023/DP1226.pdf
URI
https://www.iser.osaka-u.ac.jp/library/dp/2023/DP1226.pdf
Data Provider (Database): 国立情報学研究所 : 学術機関リポジトリデータベース（IRDB）（機関リポジトリ）
https://irdb.nii.ac.jp
Original Data Provider (Database): 大阪大学 : 大阪大学学術情報庫　桜華