The aim of this paper is to evaluate the effects of R&D intensity, R&D investment and tax incentives on firms' growth …

new technology. This implies that an upfront investment subsidy program would have promoted the technology at a much lower … than through upfront investment subsidies. We develop and estimate a tractable dynamic model of technology adoption, also … budgetary cost, so that the government essentially shifted the subsidy burden to future generations of electricity consumers …

Tax incentives are a key component of governments’ investment policy mix as they directly impact companies’ tax burden …. In this paper, we illustrate the EU’s tax attractiveness as investment location over time in terms of effective average …

problem of finding optimal tax and subsidy schemes in a model in which growth is endogenously sustained by risky innovation …

this work is to evaluate the nature and extent of such gains. We use information on the ''Nuova Sabatini'' subsidy - an …

This article discusses the effects of an asymmetric tax scheme on incremental and sequential investment strategies. The …

investment. Particularly, it analyzes the investment choice in a "financing hierarchy" framework with an exogenous constraint on … debt), then the deduction of debt interest from taxes on capital income may reduce the firm's investment.This theoretical …

Governments use tax expenditures to boost investment, innovation and employment. However, these schemes are largely …