Showing 1 - 10 of 759
the innovation subsidy; far from 'doing better' as a result of government intervention, supported firms appear to exhaust … two (input and output) dimensions of innovation into a unique efficiency perspective. To this aim, the impact of public … sample of firm-level data drawn from the third Italian Community Innovation Survey (CIS). A bivariate endogenous switching …
Persistent link: https://www.econbiz.de/10013067882
Current literature on the impact assessment of government innovation subsidies is mainly empirical driven and lacks an … improve the effectiveness of government support for innovation …
Persistent link: https://www.econbiz.de/10014241969
Do workers gain from lower business taxes, and why? We estimate how a large corporate income tax credit in France is passed on to wages and explore the firm- and employee-level underlying mechanisms. The amount of tax credit firms get depends on their payroll share of workers paid less than a...
Persistent link: https://www.econbiz.de/10013406858
Subsidized research joint ventures (RJVs) between public research institutions and industry have become increasingly popular in Europe and the US. We study the long-run effects of such a support scheme that has been maintained by the Danish government since 1995. To cope with identification...
Persistent link: https://www.econbiz.de/10013120139
Pressure on public finances has increased scrutiny of public support for innovation. We examine two particular issues …. First, there have been many recent calls for the (relatively new) UK R&D subsidy to be extended to other research activities … or defence R&D. Our findings tentatively suggest that for maximum market sector productivity impact government innovation …
Persistent link: https://www.econbiz.de/10013095089
Enacted March 27, 2020, the Paycheck Protection Program (PPP) was the most ambitious and creative fiscal policy response to the Pandemic Recession in the United States. PPP offers forgivable loans — essentially grants — to businesses with 500 or fewer employees that meet certain...
Persistent link: https://www.econbiz.de/10013315153
This paper estimates the direct effects of investment tax credits on firms' production behavior and the additional indirect effects arising from agglomeration economies. Exploiting a change in tax credit rates by firm size in Germany, I find that manufacturing firms increase capital and...
Persistent link: https://www.econbiz.de/10014238698
China is perceived to rely on subsidizing firms in targeted industries to improve their performance and stay …
Persistent link: https://www.econbiz.de/10014083724
This paper estimates the causal effect of corporate tax hikes on firm investment based on more than 1,400 local tax changes. By observing planned and realized investment volumes in a representative sample of German manufacturing firms, we can study how tax hikes induce firms to revise their...
Persistent link: https://www.econbiz.de/10014351266
We study how profit taxation affects plants' R&D spending and innovation activities. Relying on geocoded survey panel …
Persistent link: https://www.econbiz.de/10013406451