Estimating the Economic Effects of Federally Funded R&D: Working Paper 2026-08
Sheila Campbell,
Jaeger Nelson,
Eli Schrag and
Heidi Williams
No 62387, Working Papers from Congressional Budget Office
Abstract:
In recent years, there has been Congressional interest in changing various policies related to research and development (R&D). Recent legislation has included provisions that would modify federal funding for R&D investments and tax provisions affecting the after-tax price of R&D. The Congressional Budget Office (CBO) has developed analytical frameworks for estimating how changes in R&D investments affect the economy and the federal budget. This paper describes the agency's current analytical framework for modeling the economic effects of
JEL-codes: E62 H54 O38 (search for similar items in EconPapers)
Date: 2026-07-07
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