How Effective are Fiscal Incentives for R&D? A Review of the Evidence

By Bronwyn H Hall, John Van Reenen. 2000

1,094 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/872110a0e34f49d564829516a517e178013311b9

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

Citations in the corpus

How effective are level-based R&D tax credits? Evidence from the Netherlands (2012, background): “bDepartment of Quantitative Economics, School of Business and Economics, Maastricht University, UNU-MERIT and CIRANO, PO Box 616,”
Externalities and Growth (2004, positive): “…ε , we use two empirical findings to pin down parameters λ and ,µ namely that the social rate of return to R&D in the U.S. is three times the net private rate of return (Griliches, 1992) and that the U.S. imposes a subsidy of 20% on R&D (Hall and Van Reenen, 2000), implying that , 0.2R USτ = − .”
R&D and M&A : Are cross-border M&A different ? An investigation on OECD countries (2006, background): “investments by entrepreneurs (see Bloom et al., 2002 or Hall and Van Reenen, 2000, on fiscal”
The problem of private under-investment in innovation: A policy mind map (2008, positive): “Hall and Van Reenen (2000) survey empirical studies that apply various methods and data sources and consequently produce very diverse results.”
Environmental Regulation, Government R&D Funding and Green Technology Innovation: Evidence from China Provincial Data (2018, background): “Thus, direct subsidy will have positive effect on enterprise R&D, and tax incentive policy will have indirect positive effect on enterprise R&D [27].”
Growth through Heterogeneous Innovations (2018, background): “, Nelson and Winter (1982), Acs and Audretsch (1987, 1988, 1991), Rosen (1991), Peretto (1998), Zucker, Darby, and Brewer (1998), Baumol (2002), Thomke (2003), Rausch (2010), Samila and Sorenson (2011), Kerr, Nanda, and Rhodes-Kropf (2014), Kueng, Yang, and Hong (2014), and Acemoglu et al.”
Who participates in R&D subsidy programs?: The case of Spanish manufacturing firms (2004, background): “Empirical evidence supports the hypothesis that the cost of external funds to finance R&D is higher than the cost for alternative investments, although differences may vary across countries (Hall (2002)). Bond et al. (1999) suggest that financial constraints may affect mostly the decision to engage ”
Intellectual property box regimes: effective tax rates and tax policy considerations (2013, background): “See, inter alia, Hulten (2013), Corrado et al.”
The Internationalization of R&D (2011, background): “In general, however, tax credits seem to have led to an increase in R&D everywhere they have been used (Hall and Van Reenen, 2000).”