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来源类型Working Paper
规范类型报告
DOI10.3386/w5059
来源IDWorking Paper 5059
Public R&D Policies and Cost Behavior of the US Manufacturing Industries
Theofanis P. Mamuneas; M. Ishaq Nadiri
发表日期1995-03-01
出版年1995
语种英语
摘要This paper estimates and evaluates the contributions of R&D tax incentives and publicly financed R&D investment policies in promoting growth of output and privately funded R&D investment in US manufacturing industries. Publicly financed R&D induces cost savings but crowds out privately-financed R&D investment while the incremental R&D tax credit and the immediate deductibility provision of R&D expenditures have a significant impact on privately financed R&D investment. The optimal mix of both instruments is an important element for sustaining a balanced growth in output and productivity in the manufacturing sector.
主题Development and Growth ; Innovation and R& ; D ; Public Economics ; Taxation
URLhttps://www.nber.org/papers/w5059
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/562492
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GB/T 7714
Theofanis P. Mamuneas,M. Ishaq Nadiri. Public R&D Policies and Cost Behavior of the US Manufacturing Industries. 1995.
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