Busom, Isabel; Corchuelo, Beatriz; Martínez-Ros, Ester - Departament d'Economia Aplicada, Universitat Autònoma … - 2015
We provide comparative evidence on R&D tax credit and subsidy programs by studying whether firms' participation in each program exhibits state dependence and whether cross program interactions exist and are significant. We use a panel of manufacturing Spanish firms, which could use both types of...