@article{b1103533f26e4084ab857b8acaa852bb,
title = "The impact of national research funds: A regression discontinuity approach to the Chilean FONDECYT",
abstract = "This paper analyses the role of national research funds in promoting scientific production in emerging economies. The study focuses on the impact of the Chilean National Science and Technology Research Fund (FONDECYT). The analysis uses data drawn from international sources of bibliometric information combined with the administrative records of the program's executing unit. To measure the program's impact, we implement a regression discontinuity (RD) design on principal researchers who applied for funding between 1988 and 1997 considering as outcomes both quantity (publications up to 2002) and quality (citations up to 2005) of their scientific production. Our results show significant and positive impact in terms of publications, but no impact in terms of quality of scientific production in the proximity of the program's threshold ranking.",
keywords = "Chile, Economics of Science, FONDECYT, Policy evaluation, Regression- discontinuity design, Scientific grants",
author = "Benavente, {Jos{\'e} Miguel} and Gustavo Crespi and {Figal Garone}, Lucas and Alessandro Maffioli",
note = "Funding Information: This study was developed as part of “IDB's Science and Technology Programs: an Evaluation of Technology Development Funds and Competitive Research Grants”, a project coordinated by the Office of Evaluation and Oversight (OVE) of the Inter-American Development Bank (IDB). We are grateful to Roberto Iunes, Inder Ruprah, Yuri Soares, Diego Ubfal and Gonzalo V{\'a}zquez Bar{\'e} for useful discussions and comments. We also thank four anonymous referees for their helpful suggestions and comments. J.M. Benavente also wants to acknowledge Nucleo Milenio Initiative NS100017 “Intelis Centre” for partial funding. The findings and interpretation of the authors do not necessarily represent the views of Inter-American Development Bank. The usual disclaimer applies. ",
year = "2012",
month = oct,
doi = "10.1016/j.respol.2012.04.007",
language = "English",
volume = "41",
pages = "1461--1475",
journal = "Research Policy",
issn = "0048-7333",
publisher = "Elsevier B.V.",
number = "8",
}