How effective are fiscal incentives for R & D ? A review of the evidence

  title={How effective are fiscal incentives for R & D ? A review of the evidence},
  author={Bronwyn Hall and John Van Reenen},
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 Ž . R&D behaviour and the results from different studies. In the current imperfect state of knowledge we conclude that a dollar in tax… CONTINUE READING
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