Sunk costs, extensive R&D subsidies and permanent inducement effects

Keyphrases

• Subsidies 100%
• Sunk Costs 100%
• Fixed Costs 66%
• Shock 33%
• Estimation Model 33%
• Firm-level Data 33%
• R&D Expenditure 33%
• Barriers to Entry 33%
• Cost-plus 33%
• R&D Investment Decisions 33%
• Outside Option 33%
• Persistence over Time 33%
• Negative-R 33%
• Spanish Manufacturing Firms 33%
• Simulation-based 33%

INIS

• cost 100%
• subsidies 100%
• sinks 100%
• data 20%
• levels 20%
• simulation 20%
• barriers 20%
• expenditures 20%
• spain 20%
• manufacturing 20%

Economics, Econometrics and Finance

• Sunk Costs 100%
• Research Funding 100%
• Fixed Costs 66%
• Market Entry 33%
• Research Expenditure 33%
• Firm-Level Data 33%