【简报】 天美制作果冻视频系列研究讨会 （189）
2016-06-17 00:00:00
2016年6月8日星期四14:00 – 15:30下午来自香港大学的Di Guo博士在汇丰商学院337教室带来了一场题为“Funding forms, market conditions and dynamic effects of government R&D subsidies: evidence from China”的学术研究讨会。
2008年Guo博士从爱丁堡大学并获得公司管理博士毕业学位。她在很多国际与国内研讨会带很多题为。 她的研究领域包括公司家，经济发展，政治经济学。
Abstract:
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 Firm (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 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 are 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.
