Page 54 - IDEA Study 8 2017 Direct subsidies and R&D output in firms

ALFA large small medium large (0.046) (0.039) (0.069) (0.061) (0.061) (0.061) (0.055) (0.083) (0.087) (0.086) (0.090) (0.081) (0.052) (0.042) (0.042) (0.043) (0.039) (0.070) (0.066) (0.059) (0.067) (0.055) (0.105)† (0.097)† (0.080)† (0.090)† (0.080)† (0.074)† (0.066)† (0.060)† (0.066)† (0.052)† (0.067)† 0.150** (0.070)† 0.110 (0.067)† 0.126* (0.064)† 0.147** (0.059)† 0.126** (0.063)† 0.122** (0.061)† -0.038 (0.096)† 0.004 (0.082)† 0.010 (0.073)† 0.033 (0.087)† 0.023 (0.075)† Table A8. Propensity score matching estimates for Czech IP protection by matching estimator and firm size (conditional difference-in- differences) Program Size me small medium IMPULS large small medium TIP Matching estimator NN 1 NN 3 NN 5 NN 3 (caliper 0.01) Kernel NN 1 NN 3 NN 5 NN 3 (caliper 0.01) Kernel NN 1 NN 3 NN 5 NN 3 (caliper 0.01) Kernel NN 1 NN 3 NN 5 NN 3 (caliper 0.01) Kernel NN 1 NN 3 NN 5 NN 3 (caliper 0.01) Kernel NN 1 NN 3 NN 5 NN 3 (caliper 0.01) Kernel NN 1 NN 3 NN 5 NN 3 (caliper 0.01) Kernel NN 1 NN 3 NN 5 NN 3 (caliper 0.01) Kernel NN 1 NN 3 NN 5 NN 3 (caliper 0.01) Kernel (t) (t+1) 0.042 (0.088) 0.007 (0.078) 0.004 (0.067) 0.064 (0.071) 0.024 (0.056) 0.035 (0.055) 0.018 (0.044) 0.029 (0.047) (t+2) N 6,276 6,276 6,276 6,276 6,276 10,868 10,868 10,868 10,868 10,868 2,960 2,960 2,960 2,960 2,960 7,315 7,315 7,315 7,315 7,315 10,794 10,794 10,794 10,794 10,794 2,674 2,674 2,674 2,674 2,674 5,935 5,935 5,935 5,935 5,935 8,100 8,100 8,100 8,100 8,100 1,992 1,992 1,992 1,992 1,992 -0.125* -0.090 -0.083 -0.042 -0.084 0.040 0.053 0.046 0.049 0.055 0.014 0.021 0.030 0.027 0.027 -0.098 -0.098 -0.089 -0.135* -0.096 0.030 0.001 0.016 0.008 0.008 0.006 0.043 0.050 0.057 0.049 0.080 -0.018 -0.043 -0.017 0.023 -0.005 0.031 0.047 0.012 0.048 0.088 0.083 0.053 0.114 0.056 (0.074) (0.062) (0.056) (0.065) (0.052) (0.043) (0.043) (0.035) (0.043) (0.032) (0.063) (0.054) (0.061) (0.066) (0.050) (0.083) (0.084) (0.071) (0.080) (0.063) (0.050) (0.047) (0.044) (0.049) (0.037) (0.058) (0.051) (0.056) (0.057) (0.053) (0.088) (0.072) (0.074) (0.066) (0.075) (0.064) (0.063) (0.055) (0.059) (0.054) (0.081) (0.078) (0.077) (0.084) (0.066) 0.083 0.097 0.104 0.133 0.108 0.040 0.050 0.055 0.052 0.057 0.050 0.021 0.014 0.019 0.023 0.082 0.033 0.072 0.056 0.066 0.130** 0.126*** 0.127*** 0.115** 0.128*** 0.077 0.120* 0.119** 0.116* 0.131** 0.253*** 0.124 (0.087)† 0.109 (0.077)† 0.126 (0.088)† Note: Bootstrapped standard errors after 1,000 replications in parentheses; * p<0.05, ** p<0.01, *** p<0.001. † IP application data are not complete due to the publishing delay. 52 0.028 0.033 0.000 0.026 0.020 0.011 0.012 0.016 -0.016 -0.020 -0.056 -0.004 0.108** 0.117*** 0.112*** 0.105** 0.100** 0.128* 0.098 0.103* 0.101 0.109** 0.120 0.018 0.013 0.072 0.094 0.094 0.110* 0.140** 0.110* 0.126** 0.025 0.029 (0.065)† 0.023 (0.065)† 0.045 (0.081)† 0.027 (0.063)† (0.096) (0.078) (0.076) (0.080) (0.066) (0.057) (0.054) (0.049) (0.048) (0.050) (0.075) (0.065) (0.060) (0.075) (0.059) (0.089)† (0.085)† (0.086)† (0.085)† (0.077) † (0.051) † (0.045) † (0.041) † (0.045) † (0.036)† (0.075)† (0.064)† (0.058)† (0.063)† (0.058)† (0.094)†