English, Article, Journal or magazine article edition: A Model of R&D Tax Incentives Eren Inci

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/74038
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • A Model of R&​D Tax Incentives
Author
  • Eren Inci
Physical Description
  • preprint
Notes
  • This paper examines R&​D tax incentives in oligopolistic markets. We characterize the conditions under which tax incentives reach the socially desirable level of firm-financed R&​D spending. The outcome of the market depends not only on the level of technological spillover in the industry but also on the degree of strategic interaction between the firms. One major result emerges from the model: The socially desirable level of R&​D investment is not necessarily reached by subsidizing R&​D. When the sector spillover is sufficiently low, the government might want to tax R&​D investments, and this result does not necessarily arise because firms are overinvesting in R&​D. There are also cases in which an R&​D tax is desirable even though firms are underinvesting in R&​D compared with the first-best optimum. In practice, this theoretical finding calls for a lower sales tax combined with an R&​D subsidy in oligopolistic industries with high technological spillovers, and a lower sales tax combined with an R&​D tax in oligopolistic industries with low technological spillovers.
  • R&​D tax incentive; social policy, oligopoly, spillover
  • RePEc:boc:bocoec:597
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment