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The Determinants of Industrial R&D in Australia*
Author(s) -
GANNICOTT K.
Publication year - 1984
Publication title -
economic record
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.365
H-Index - 42
eISSN - 1475-4932
pISSN - 0013-0249
DOI - 10.1111/j.1475-4932.1984.tb00858.x
Subject(s) - subsidy , economics , government (linguistics) , government spending , econometrics , demographic economics , market economy , linguistics , philosophy , welfare
This paper offers some evidence on the determinants of RAD spending in Australian manufacturing. Two‐stage regressions are employed. Large size has a negative effect on RAD after adjustment for simultaneous equations bias. There is some indication that foreign ownership has a positive effect on RAD in higher technology industries. Tests to examine the role of government subsidy produced only insignificant coefficients.