Mohnen, Pierre; Lokshin, Boris - Institut d'Economia de Barcelona (IEB), Facultat … - 2009
We take a critical look at how to assess the effectiveness of R&D tax incentives. The net welfare gain is shown to be sensitive to a certain number of parameters. In particular, the deadweight loss associated with level-based tax incentives depends on the ex-ante R&D level. We report on the...