Lokshin, Boris; Mohnen, Pierre - In: Research Policy 42 (2013) 3, pp. 823-830
This paper examines the impact of the Dutch R&D tax incentive scheme on the wages of R&D workers. We construct firm specific R&D tax credit rates that vary over time following variations in the Dutch R&D tax incentive program. Using instrumental variables we estimate a wage-sharing model with an...