The private return of R&D tax credit
Pierre Courtioux
- Fonction : Auteur
- PersonId : 17834
- IdHAL : pierre-courtioux
- ORCID : 0000-0003-3128-861X
- IdRef : 059886277
Antoine Reberioux
- Fonction : Auteur
- PersonId : 176659
- IdHAL : antoine-reberioux
- ORCID : 0000-0003-1246-0605
- IdRef : 074763466
François Métivier
- Fonction : Auteur
- PersonId : 13293
- IdHAL : francois-metivier
- ORCID : 0000-0001-8378-8734
- IdRef : 146386639
Résumé
This article examines the private return on R&D tax credit, defined as the ratio of total tax reliefs obtained by a firm through R&D tax credit to real R&D spending. Based on a dataset merging different sources for French companies, we first show that the distribution of this private return is dispersed. We then use clustering analyses to identify six mutually exclusive types of firms' R&D strategies. We finally show in a regression setting that these strategies explain part of the variance in the private return on R&D tax credit. This study contributes to a better understanding of the heterogeneity of firms' R&D strategies. It also seeks to open new directions in debates surrounding the proper design and reforms of R&D tax credit schemes.
Domaines
Economies et financesFormat du dépôt | Fichier |
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Type de dépôt | Autre publication scientifique |
Titre |
en
The private return of R&D tax credit
|
Résumé |
en
This article examines the private return on R&D tax credit, defined as the ratio of total tax reliefs obtained by a firm through R&D tax credit to real R&D spending. Based on a dataset merging different sources for French companies, we first show that the distribution of this private return is dispersed. We then use clustering analyses to identify six mutually exclusive types of firms' R&D strategies. We finally show in a regression setting that these strategies explain part of the variance in the private return on R&D tax credit. This study contributes to a better understanding of the heterogeneity of firms' R&D strategies. It also seeks to open new directions in debates surrounding the proper design and reforms of R&D tax credit schemes.
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Auteur(s) |
Pierre Courtioux
1, 2
, Antoine Reberioux
3, 4
, François Métivier
3, 5
1
PSB -
Paris School of Business
( 531465 )
- 59 rue Nationale
75013 Paris
FRANCE
- France
2
CES -
Centre d'économie de la Sorbonne
( 15080 )
- Maison des Sciences Économiques - 106-112 Boulevard de l'Hôpital - 75647 Paris Cedex 13
- France
3
UFR Médecine UPCité -
UFR Médecine [Santé] - Université Paris Cité
( 1042190 )
- 15 rue de l’École de Médecine - 75006 Paris
- France
4
LADYSS -
Laboratoire Dynamiques Sociales et Recomposition des Espaces
( 1004856 )
- Université Paris Ouest Nanterre La Défense Bâtiment T 200 avenue de la République 92001 Nanterre cedex
- France
5
IPGP (UMR_7154) -
Institut de Physique du Globe de Paris
( 1005035 )
- 1 rue Jussieu, 75238 Paris cedex 05 et Bât. Lamarck A case postale 7011, 75205 Paris CEDEX 13
- France
|
Langue du document |
Anglais
|
Nom de la revue |
|
Vulgarisation |
Non
|
Date de publication |
2021-03
|
Description |
Documents de travail du Centre d'Economie de la Sorbonne 2021.06 - ISSN : 1955-611X
|
Commentaire |
URL des Documents de travail : https://centredeconomiesorbonne.cnrs.fr/publications/
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Domaine(s) |
|
Mots-clés (JEL) |
|
Éditeur scientifique |
|
Mots-clés |
en
R&D, tax credit, firm strategies, firm heterogeneity
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Origine :
Fichiers produits par l'(les) auteur(s)
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