| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w22405 |
| 来源ID | Working Paper 22405 |
| Do tax Incentives for Research Increase Firm Innovation? An RD Design for R&D | |
| Antoine Dechezleprêtre; Elias Einiö; Ralf Martin; Kieu-Trang Nguyen; John Van Reenen | |
| 发表日期 | 2016-07-18 |
| 出版年 | 2016 |
| 语种 | 英语 |
| 摘要 | We present evidence of a causal impact of research and development (R&D) tax incentives on innovation. We exploit a change in the asset-based size thresholds for eligibility for R&D tax subsidies and implement a Regression Discontinuity Design using administrative tax data on the population of UK firms. There are statistically and economically significant effects of the tax change on both R&D and patenting (even when quality-adjusted). R&D tax price elasticities are large at about 2.6, probably because the treated group is from a sub-population of smaller firms and subject to financial constraints. There does not appear to be pre-policy manipulation of assets around the thresholds that could undermine our design. Over the 2006-11 period aggregate business R&D would be around 10% lower in the absence of the tax relief scheme. We also show that the R&D generated by the tax policy creates positive spillovers on the innovations of techno-logically related firms. |
| 主题 | Development and Growth ; Innovation and R& ; D |
| URL | https://www.nber.org/papers/w22405 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/580079 |
| 推荐引用方式 GB/T 7714 | Antoine Dechezleprêtre,Elias Einiö,Ralf Martin,et al. Do tax Incentives for Research Increase Firm Innovation? An RD Design for R&D. 2016. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w22405.pdf（1153KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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