IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

Impôts, charges sociales et compétitivité. Le CICE : un instrument mixte

Listed author(s):
  • Sarah Guillou
  • Tania Treibich

This article investigates whether, despite CICE’s dual nature (both a tax credit and an indirect reduction of labour costs), it could improve the firms’ competitiveness. Exploring firm data on employment, wage and export, we show that the impact of the CICE policy on employment should be more limited than previous (and similar) policies such as the reduction in social contributions on low-wages. Instead, the CICE would benefit to exporting firms relatively more. Besides, the evidence of a wage premium in the group of exporters shows that non-price competitiveness matters to firms’ ability to export. This is especially true in the case of firms benefitting the most from the CICE policy. Additionally, our study suggests that the CICE can positively improve export performance through its effect on markups and non-price competitiveness. Finally, our descriptive results show that the CICE policy targets firms “mostly in need”, i.e. with low margins, high financial and export constraints, and low export intensities.

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:
Download Restriction: free

File URL:
Download Restriction: free

Article provided by Presses de Sciences-Po in its journal Revue de l'OFCE.

Volume (Year): N° 139 (2015)
Issue (Month): 3 ()
Pages: 61-88

in new window

Handle: RePEc:cai:reofsp:reof_139_0061
Contact details of provider: Web page:

No references listed on IDEAS
You can help add them by filling out this form.

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

When requesting a correction, please mention this item's handle: RePEc:cai:reofsp:reof_139_0061. 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: (Jean-Baptiste de Vathaire)

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.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.