Domínguez, Angeles Marra - In: Hacienda Pública Española (2008) 1, pp. 35-66
This paper analyzes the effects of fiscal incentives and public R&D subsidies on the level of R&D investment. The econometric model of R&D investment is estimated using an unbalanced panel sample of Spanish manufacturing firms in the period 1991-1999. Our results provide evidence that fiscal...