R&D policy regimes in France: New evidence from a spatio-temporal analysis
Marcos Herrera () and
Nadine Massard ()
Additional contact information
Benjamin Montmartin: GREDEG - Groupe de Recherche en Droit, Economie et Gestion - CNRS - Centre National de la Recherche Scientifique - UNS - Université Nice Sophia Antipolis - UCA - Université Côte d'Azur
Working Papers from HAL
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: French policy mix; Additionality; spatial panel; structural breaks; R&D investment (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-acc, nep-cse, nep-eur, nep-geo, nep-ino, nep-sbm, nep-tid and nep-ure
Note: View the original document on HAL open archive server: https://hal.archives-ouvertes.fr/hal-01559041
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
Working Paper: R&D policy regimes in France: New evidence from spatio-temporal analysis (2017)
Working Paper: R&D Policy regimes in France: New Evidence from a spatio-temporal Analysis (2017)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:hal:wpaper:hal-01559041
Access Statistics for this paper
More papers in Working Papers from HAL
Bibliographic data for series maintained by CCSD ().