Year: 1999
Type: report
Abstract: This paper surveys the econometric evidence on the effectiveness of fiscal incentives for R&D.We describe the effects of tax systems in OECD countries on the user cost of R&D -the current position, changes over time and across different firms in different countries.We describe and criticize the methodologies used to evaluate the effect of the tax system on R&D behavior and the results from different studies.In the current (imperfect) state of knowledge we conclude that a dollar in tax credit for R&D stimulates a dollar of additional R&D.
DOI: 10.3386/w7098
Authors: Bronwyn Hall, John van Reenen
Language: English
Topic: Innovation Policy and R&D
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2124222223