R&D policy regimes in France: New evidence from a spatio-temporal analysis

Abstract : Using a unique database containing information on the amount of R&D tax credits and regional, national and European subsidies received by firms in French NUTS3 regions over the period 2001-2011, we provide new evidence on the efficiency of R&D policies taking into account spatial dependency across regions. By estimating a spatial Durbin model with regimes and fixed effects, we show that in a context of yardstick competition between regions, national subsidies are the only instrument that displays total leverage effect. For other instruments internal and external effects balance each other resulting in insignificant total effects. Structural breaks corresponding to tax credit reforms are also revealed.
Document type :
Preprints, Working Papers, ...
Complete list of metadatas

Cited literature [49 references]  Display  Hide  Download

https://hal.archives-ouvertes.fr/hal-01559041
Contributor : Agnès Vertier <>
Submitted on : Monday, July 10, 2017 - 12:19:24 PM
Last modification on : Friday, August 23, 2019 - 3:51:55 PM
Long-term archiving on : Friday, January 26, 2018 - 3:58:58 PM

File

GAEL-WP-2017-06_Montmartin-Her...
Files produced by the author(s)

Identifiers

  • HAL Id : hal-01559041, version 1

Collections

Citation

Benjamin Montmartin, Marcos Herrera, Nadine Massard. R&D policy regimes in France: New evidence from a spatio-temporal analysis. 2017. ⟨hal-01559041⟩

Share

Metrics

Record views

498

Files downloads

838