Grossmann, Volker Steger, Thomas M. 2013 A simple semi-endogenous growth model is employed to show that optimal subsidization of both R&D and capital costs is independent of the distribution of R&D skills in the workforce. This holds despite the empirically supported fact that a higher R&D subsidy rate raises wages of R&D workers. application/pdf https://folia.unifr.ch/global/documents/322918 https://folia.unifr.ch/documents/322918/files/1-s2.0-s0165176513000517-main.pdf https://folia.unifr.ch/documents/322918/files/supplementarydata.pdf eng info:eu-repo/semantics/altIdentifier/doi/10.1016/j.econlet.2013.01.032 info:eu-repo/semantics/altIdentifier/issn/0165-1765 info:eu-repo/semantics/openAccess Rights reserved Economics Letters. - Elsevier BV. - 2013, vol. 119, no. 2, p. 162-164 Optimal growth policy R&D skills R&D subsidy Semi-endogenous growth Heterogeneity info:eu-repo/classification/udc/33 Optimal growth policy: The role of skill heterogeneity http://purl.org/coar/resource_type/c_6501