Bloom, Nick; Griffith, Rachel; Reenen, John Van - Institute for Fiscal Studies (IFS) - 1999
This paper examines the impact of fiscal incentives on the level of R&D investment. An econometric model of R&D investment is estimated using a new panel of data on tax changes and R&D spending in nine OECD countries over a nineteen year period (1979-1997). We find evidence that tax incentives...
