R&D policy, productivity growth and distance to frontier

Antonio Minniti and Francesco Venturini ()

Economics Letters, 2017, vol. 156, issue C, 92-94

Abstract: Using data from 20 US manufacturing industries, we find strong evidence that a more generous tax treatment of R&D positively impacts on the growth rate of total factor productivity and that this effect is stronger for industries farther from the technological frontier. The estimates also suggest that the productivity growth effect of R&D tax policy is comparable in size to that induced by technology transfers.

Keywords: R&D tax policy; Total factor productivity; Distance to Frontier (search for similar items in EconPapers)
JEL-codes: O33 O38 O40 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0165176517301453
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:156:y:2017:i:c:p:92-94

DOI: 10.1016/j.econlet.2017.04.005

Access Statistics for this article

Economics Letters is currently edited by Economics Letters Editorial Office

More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().