Advanced Search
MyIDEAS: Login to save this paper or follow this series

How R&D and tax incentives influence economic growth: Econometric study for the period between 1995 and 2008 of EU-15

Contents:

Author Info

  • Paula Faria

    ()
    (Faculdade de Economia, Universidade do Porto)

  • Francisco Vitorino da Silva Martins

    ()
    (Faculdade de Economia, Universidade do Porto)

  • Elísio Fernando Moreira Brandão

    ()
    (Faculdade de Economia, Universidade do Porto)

Registered author(s):

    Abstract

    Setting targets to increase the levels of R&D, a component that is present in the political and economic agendas of the European Member States with the promotion of active tax policies, suggests that it is possible for R&D to cause an impact on economic growth. This research work aims at understanding the influence of the evolution of R&D expenditures, as well as the influence of tax incentives on economic growth. For that, a panel data of 15 European countries, during the period between 1995 and 2008, was used. The econometric study confirms the foreseen importance, both in this study and in the literature, of the countries’ R&D efforts and their impact on economic growth. The positive effect of tax incentives on economic growth, combined with R&D levels, is highlighted and demonstrated, thus confirming a strategic orientation towards tax policies followed by the national institutions.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.fep.up.pt/investigacao/workingpapers/11.11.21_wp442.pdf
    Download Restriction: no

    Bibliographic Info

    Paper provided by Universidade do Porto, Faculdade de Economia do Porto in its series FEP Working Papers with number 442.

    as in new window
    Length: 20 pages
    Date of creation: Nov 2011
    Date of revision:
    Handle: RePEc:por:fepwps:442

    Contact details of provider:
    Postal: Rua Dr. Roberto Frias, 4200 PORTO
    Phone: 351-22-5571100
    Fax: 351-22-5505050
    Email:
    Web page: http://www.fep.up.pt/
    More information through EDIRC

    Related research

    Keywords: R&D; tax incentives; economic growth; econometric analysis in panel data;

    Find related papers by JEL classification:

    This paper has been announced in the following NEP Reports:

    References

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
    as in new window
    1. Robert J Barro, 1999. "Determinants of Economic Growth: Implications of the Global Evidence for Chile," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 36(107), pages 443-478.
    2. Good, David F. & Ma, Tongshu, 1999. "The economic growth of Central and Eastern Europe in comparative perspective, 1870 1989," European Review of Economic History, Cambridge University Press, Cambridge University Press, vol. 3(02), pages 103-137, August.
    3. Sandra Tavares Silva & Mário Rui Silva, 2000. "Crescimento Económico Nas Regiões Europeias: Uma Avaliação Sobre A Persistência Das Disparidades Regionais No Período 1980-95," FEP Working Papers, Universidade do Porto, Faculdade de Economia do Porto 96, Universidade do Porto, Faculdade de Economia do Porto.
    4. António Afonso & Juan Alegre, 2011. "Economic growth and budgetary components: a panel assessment for the EU," Empirical Economics, Springer, Springer, vol. 41(3), pages 703-723, December.
    5. Robert J. Barro & Jong-Wha Lee, 2000. "International Data on Educational Attainment Updates and Implications," NBER Working Papers 7911, National Bureau of Economic Research, Inc.
    6. Bassanini, Andrea & Scarpetta, Stefano, 2002. "Does human capital matter for growth in OECD countries? A pooled mean-group approach," Economics Letters, Elsevier, Elsevier, vol. 74(3), pages 399-405, February.
    7. Daron Acemoglu, 2002. "Technical Change, Inequality, and the Labor Market," Journal of Economic Literature, American Economic Association, American Economic Association, vol. 40(1), pages 7-72, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. Tiago Soares & Samuel Pereira & Elísio Brandão, 2014. "The effects of R&D intensity and tax incentives on firms’ growth - empirical evidence from world's top R&D spending firms between 2003 and 2012," FEP Working Papers, Universidade do Porto, Faculdade de Economia do Porto 540, Universidade do Porto, Faculdade de Economia do Porto.

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:por:fepwps:442. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.