Taxation and R&D
An Investigation of the Push and Pull Effects
Bibliographic Data
| ID | 11966865 |
|---|---|
| Authors | Kenneth J McKenzie (University of Calgary, corresponding author), Natalia Sershun (University of Calgary) |
| Year | 2010 |
| Volume | 36 |
| Issue | 3 |
| Pages | 307-324 |
| Publication date | 2010-09-01 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Canadian Public Policy (JOURNAL) |
| Journal identifiers | ISSN: 0317-0861 • E-ISSN: 1911-9917 |
| Publisher | University of Toronto Press Inc. (UTPress) (PUBLISHER) |
| DOI | 10.3138/cpp.36.3.307 |
| OpenAlex | W4230516020 |
| Language | EN |
| References cited | 17 |
We in vestigate the extent of the impact that direct tax subsidies (the “push” effect) and the competitiveness of the production tax system (the “pull” effect) have on research and development. A panel dataset of nine countries over nineteen years is used to estimate a dynamic fixed effects model of aggregate R&D. Both effects are significant and economically important. The short-run elasticity of R&D with respect to the push effect ranges from –0.12 to –0.22, while the long-run elasticity ranges from –0.46 to –0.83; the short-run elasticity of the pull effect ranges from –0.15 to –0.28, while the long-run elasticity ranges from –0.58 to –0.83
Econometrics · Economics · Elasticity (physics · Panel data · Physics · Subsidy · Thermodynamics · Climate Change Policy and Economics · Fiscal Policy and Economic Growth · Innovation Policy and RD
| Highly cited | No |
|---|