The Long-Run Effects of R&amp;D Place-Based Policies: Evidence from Russian Science Cities

Schweiger, Helena; Stepanov, Alexander; Zacchia, Paolo

doi:10.1257/pol.20200289

Cited by 8 publications

(3 citation statements)

References 32 publications

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“…Gross and Sampat (2023) find that the entire long-run effect is driven by 5% of clusters that were most innovative in 1930 (prior to receiving the government contracts). In this regard, it is interesting to contrast these findings to Schweiger, Stepanov, and Zacchia (2022) who study a similar R&D policy in Soviet Russia, but one in which a subset of the treated locations were built from scratch in sparsely populated areas. Similar to the previous papers, this study also finds effects on innovation, productivity, skill composition and wages, often lasting to the present day.…”

Section: New Evidence On Public Randd Policiesmentioning

confidence: 98%

The New Economics of Industrial Policy

Juhász,

Lane,

Rodrik

2023

SSRN Journal

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Section: New Evidence On Public Randd Policiesmentioning

confidence: 98%

The New Economics of Industrial Policy

Juhász,

Lane,

Rodrik

2023

SSRN Journal

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“…because the public's straightforward contribution to R&D spending as a share of GDP has declined by around 75%. Due to this, the employment of half the researchers and scientists was endangered (Schweiger et al, 2022).…”

Section: Survey Of the Literaturementioning

confidence: 99%

The Potential of Macroeconomic Factors in Shaping the Landscape of Technological Development: A Testimonial From Upper-Middle-Income Countries

Dirir

2023

Business, Management and Economics Engineering

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Purpose – the main goal of the paper is to examine the role of macroeconomic factors in promoting the technological development of upper-middle-income countries. Research methodology – to carry on with the investigation the paper selected the expenditure in research and development as a proxy for technological advancement while GDP per capita, Final consumption expenditure, Domestic credit to the private sector, national income, and government transparency are selected as proxies for the macroeconomic indicators. Moreover, a VECM approach is performed in order to capture the long-run and short-run relationship among the variables. Additionally, a Granger causality test was used to observe the causality direction among the variables. Findings – the obtained results revealed that in the short run, all the selected variables have no prominent impact on R&D expenditure. However, the long run result, presented that the transparency situation of upper-middle-income countries, simultaneously the governments’ final consumption, the amount of credit provided to the private sector, and national income are unfavorably affecting technological development while the GDP is positively affecting the expenditure in R&D. Research limitations – the exclusive focus on macroeconomic factors and upper-middle-income countries as well as the fact of excluding the role of micro factors and low-income countries are the major limitation of the study. Practical implications – policymakers and nations looking to accomplish technological transformation in the age of digitization can benefit from the study’s findings. Originality/Value – since prior studies highlighted the link of macroeconomic factors with specific sectors such as healthcare, education, and agriculture. Thus, giving little attention to or neglecting the information technology sector that compromises a more specific branch such as research and development. For that reason, this paper will bring light to this phenomenon.

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“…Our work makes tangential contact with the vast literature on place-based policies, reviewed by Neumark and Simpson (2015), especially the studies that document long-run persistence of past interventions (e.g. Kline and Moretti, 2014;Ehrlich and Seidel, 2018;Lu et al, 2019;Atalay et al, 2022;Schweiger et al, 2022). In this literature, the policy treatment is at the location level.…”

Section: Introductionmentioning

confidence: 99%