Évaluation de l'impact économique du crédit d'impôt pour la compétitivité et l'emploi (CICE)

Mathieu Plane

Revue de l'OFCE, 2012, vol. N° 126, issue 7, 141-153

Abstract: Open to all private companies, the CICE is equal to 6% of payroll, excluding employer contributions, for wages between 1 and 2.5 SMIC. Representing 20 billion, its funding will be based half on reduction on public expenditures and half on increase of taxes (a reform of VAT from 1 January 2014 and strengthening of environmental taxation). The CICE would lower of 2.6% the labour cost of the private economy with differences by sector: a reduction of the labour cost of 3 % in the construction, 2.8 % in the industry and 2.4 % in the market services. According to our evaluation, conducted using the model e-mod.fr, the CICE is expected to create five years after its inception, about 150 000 jobs by lowering the unemployment rate by 0.6 points and generate an increase of 0.1 % of GDP in 2018. JEL : C53, E17, E62, J38, L52

Keywords: competitiveness; employment; growth; labour cost; tax credit (search for similar items in EconPapers)
JEL-codes: C53 E17 E62 J38 L52 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (9)

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Related works:
Working Paper: Evaluation de l'impact economique du credit d'impôt pour la competivité et l'emploi (CICE) (2012)
Working Paper: Evaluation de l'impact economique du credit d'impôt pour la competivité et l'emploi (CICE) (2012)
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