EconPapers    
Economics at your fingertips  
 

R&D Policy regimes in France: New Evidence from a spatio-temporal Analysis

Benjamin Montmartin, Marcos Herrera () and Nadine Massard ()

No 2017-22, GREDEG Working Papers from Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), University of Nice Sophia Antipolis

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.

Keywords: Additionality; French policy mix; R&D investment; Spatial panel; Structural break (search for similar items in EconPapers)
JEL-codes: H25 O31 O38 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-acc, nep-cse, nep-eur, nep-geo, nep-ino and nep-tid
Date: 2017-06
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.gredeg.cnrs.fr/working-papers/GREDEG-WP-2017-22.pdf First version, 2017 (application/pdf)

Related works:
Working Paper: R&D policy regimes in France: New evidence from spatio-temporal analysis (2017) Downloads
Working Paper: R&D policy regimes in France: New evidence from a spatio-temporal analysis (2017) Downloads
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:gre:wpaper:2017-22

Access Statistics for this paper

More papers in GREDEG Working Papers from Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), University of Nice Sophia Antipolis Contact information at EDIRC.
Bibliographic data for series maintained by Patrice Bougette ().

 
Page updated 2019-10-20
Handle: RePEc:gre:wpaper:2017-22