Mulkay, Benoît; Mairesse, Jacques - In: Oxford Economic Papers 65 (2013) 3, pp. 746-766
This article presents an econometric analysis of the direct effects of the R&D tax credit (RTC) on private R&D in France and proposes an ex ante evaluation of the major reform implemented in 2008. We first estimate an error correction model of a dynamic R&D demand function on a large panel data...