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Intensité de l’investissement privé en R&D dans les pays de l’OCDE. Impact et complémentarité des aides financières à la R&D

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  • Benjamin Montmartin

Abstract

R&D financial support policies have proliferated since the 80’s in the oecd countries. Few studies measure the macroeconomic impact of these policies on private investment in R&D. The objective of this paper is to analyze the individual effect and the internal and external complementarity of direct and indirect financial support for private R&D. Using a database covering 25 countries of oecd over the period 1990-2007, our dynamic panel data results show that only indirect support affects significantly the business-funded R&D intensity. If a substitution effect appears between direct and indirect support within a country, a certain complementarity appears between these measures and those implemented by other countries. Classification JEL : H25, 031, 038

Suggested Citation

  • Benjamin Montmartin, 2013. "Intensité de l’investissement privé en R&D dans les pays de l’OCDE. Impact et complémentarité des aides financières à la R&D," Revue économique, Presses de Sciences-Po, vol. 64(3), pages 541-550.
  • Handle: RePEc:cai:recosp:reco_643_0541
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    Cited by:

    1. Montmartin, Benjamin & Herrera, Marcos, 2015. "Internal and external effects of R&D subsidies and fiscal incentives: Empirical evidence using spatial dynamic panel models," Research Policy, Elsevier, vol. 44(5), pages 1065-1079.

    More about this item

    JEL classification:

    • H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies

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