Do R&D tax credits work? Evidence from a panel of countries 1979–1997

By Nicholas Bloom, Rachel Griffith, John Van Reenen. 2002

793 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/ef5b0e6cffd7213bd44b5c9c0035eb8cf036bab0

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In Economics and Econometrics

Citations in the corpus

Dynamically Optimal R&D Subsidization (2013, positive): “Using this in production function (1) yields per capita output (y = Y=N): y = k (Al )(1) : (26) Thus, using the goods market clearing condition _ K = Y Nc K, the capital stock per capita (k = K=N) evolves according to”
Intellectual property box regimes: effective tax rates and tax policy considerations (2013, background): “20 Our approach is equivalent to that taken in Bloom et al. (2002). We assume economic depreciation rates of 3.”
R&D policy instruments – a critical review of what we do and don’t know (2016, background): “Subsequently, Bloom et al. (2002) confirmed that ‘tax incentives are effective in increasing R&D intensity.”
How effective are level-based R&D tax credits? Evidence from the Netherlands (2012, methodology): “Bloom et al. (2002) have estimated such a specification, which is in terms of levels of R&D stocks.”
Causes, benefits, and risks of business tax incentives (2010, positive): “While much of the research uses data for one country only, Bloom et al. (2002) use a panel of nine OECD countries, which allows them to control for country effects.”
Do Dividend Taxes Affect Corporate Investment (2017, result): “These estimates are close to prior results of Bloom et al. 2002 (about unity), Barnett and Sakellaris (1998) (about -0.”
A toolkit of policies to promote innovation (2019, background): “Some macro studies do show partial crowding out (Goolsbee 1998), whereas others do not (Bloom et al, 2002).”
The effects of public support schemes on small and medium enterprises (2015, background): “For example, Busom et al. (2014) show that financially constrained SMEs prefer subsidies over tax incentives, and suggest that tax incentives may not be effective in resolving appropriability concerns in SMEs.”
Appropriate intellectual property protection and economic growth in countries at different levels of development (2012, background): “9 Other studies of innovation behavior have also incorporated a lagged dependent ariable; see for example, Adams and Clemmons (2008), Bloom et al. (2002), and osch et al. (2005). cy 41 (2012) 358– 375 363 As per Eq.”
R&D Networks: Theory, Empirics, and Policy Implications (2019, methodology): “We can compare the optimal subsidy level predicted from our model with the R&D tax subsidies actually implemented in the United States and selected other countries between 1979 and 1997 (Bloom et al., 2002).”
The "Matthew Effect" in R&D Public Subsidies: the Italian Evidence (2013, neutral): “However, the actual impact of R&D subsidies on firm’s innovative activities is not obvious and it is possible that public subsidies crowd-out private investment (David and Hall, 2000; David et al., 2000; Hall and van Reenen, 2000; Bloom et al., 2002).”
Do tax incentives for research increase firm innovation? An RD design for R&D (2016, neutral): “as implementing the methodology in Bloom et al. (2013) and examining business stealing effects of rival R&D competition.”
Public R&D Policies and Private R&D Investment: A Survey of the Empirical Evidence (2015, background): “In a panel data study on the manufacturing sector of nine OECD countries for 1979–1997, Bloom et al. (2002), for instance, estimate a long-run elasticity of R&D with respect to its user cost of around –1.0.”