Duguet (2012DUGUET, E. The effect of the incremental R&D tax credit on the private funding of R&D an econometric evaluation on french firm level data. Revue d’Economie Politique, v. 122, n. 3, p. 405-435, 2012.) |
1998-2006 |
Manufacturing and services |
France |
Each € 1 of tax credit generate € 2.33 of private R&D |
McKenzie and Sershun (2010) |
1979-1997 |
Manufacturing |
9 OECD countries |
In the short-run elasticity ranging from -0.15 to -0.28 and the long-run elasticity from -0.58 to -0.83 |
Lokshin and Mohnen (2012LOKSHIN, B.; MOHNEN, P. How effective are level-based R&D tax credits? Evidence from the Netherlands. Applied Economics, v. 44, n. 12, p. 1527-1538, 2012.) |
1996-2004 |
Manufacturing and services |
Netherlands |
In the short-run elasticity is the order of 0.2-0.5 and the long-run elasticity of the order of 0.54-0.79 |
Mulkay and Mairesse (2013) |
2000-2007 |
Manufacturing and services |
France |
Dynamic R&D demand function with a preferred estimate of -0.4 for the long run elasticity of the user cost of R&D capital |
Guceri (2013GUCERI, I. Tax incentives and R&D: An evaluation of the 2002 UK reform using micro data. 2013. (University of Oxford Working paper).) |
1998-2006 |
Manufacturing |
UK |
Treatment group increased their R&D spending by more than 18%, implying a user cost elasticity of 1.35 |
Westmore (2013WESTMORE, B. R&D, Patenting and Growth: The Role of Public Policy. OECD, 2013. (OECD Economics Department Working Papers, n. 1047).) |
1983-2008 |
Manufacturing and services |
19 OECD countries |
There is a positive relationship between R&D tax incentives and private R&D spending in the short and in the long term |
Kobayashi (2014KOBAYASHI, Y. Effect of R&D tax credits for SMEs in Japan: a microeconometric analysis focused on liquidity constraints. Small Business Economics, v. 42, n. 2, p. 311-327, 2014.) |
2009 |
SMEs in onstruction, manufacturing, services |
Japan |
R&D tax credits induce an increase in SMEs’ R&D expenditure in 100% compared to control group |
Dechezleprêtre et al. (2016DECHEZLEPRÊTRE, A. et al. Do tax incentives for research increase firm innovation? An RD design for R&D, 2016. (NBER Working Paper Series, n. 22405).) |
2006-2011 |
Universe of SME firms |
UK |
The elasticity of R&D with respect to its tax-adjusted user cost of about 2.6. The policy stimulates £1.7 of R&D for every £1 of taxpayer subsidy |
Freitas et al. (2017FREITAS, I.B. et al. Sectors and the additionality effects of R&D tax credits: A cross-country microeconometric analysis. Research Policy, v. 46, n. 1, p. 57-72, 2017.) |
2004- 2008 |
Manufacturing |
Norway, Italy and France |
Industries with high R&D orientation have higher propensity to apply to R&D tax incentives and stronger input and output additionality effects. |