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

Promotion de l'investissement : quelle politique mettre en œuvre ?

Listed author(s):
  • Michel Mignolet

After a short review of recent statistics about economic growth and investment expenses in the three Belgian regions, the paper examines the main arguments to compare two kinds of public incentives to invest : targeted incentives and general incentives. The first category includes capital grant and any fiscal devices that reduce corporate tax base. A decrease in the corporate tax rate, notional interests and special regimes like coordination centres are some examples of the second instrument category. Economic literature shows that targeted incentives are more efficient but that some governance problems arise when the public instruments are granted discretionarily. Conversely general incentives are neutral but they are less efficient and they provide a windfall gain to the capital supplier without stimulating capital expenditure. Codes JEL – H25, H32, R58.

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 De Boeck Université in its journal Reflets et perspectives de la vie économique.

Volume (Year): XLVIII (2009)
Issue (Month): 1 ()
Pages: 179-186

in new window

Handle: RePEc:cai:rpvedb:rpve_481_0179
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:rpvedb:rpve_481_0179. 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.