The additionality effects of R&D tax credits across sectors: A cross-country microeconometric analysis

Prof. Fulvio Castellacci, TIK Centre, University of Oslo

Do the additionality effects of R&D tax credits vary across sectors, and if so why? The paper presents a microeconometric analysis of this question for three countries: Norway, Italy and France. We use a panel of firm-level data from three waves of the Innovation Surveys carried out in these countries (referring to the years 2004, 2006 and 2008 respectively). The study estimates additionality effects of R&D tax credits in each of these economies, and it investigates how these effects differ across sectors characterized by different innovation patterns and competiton conditions. The results point out that input additionality is stronger in R&D intensive industries (science-based and specialized suppliers) and in sectors with a higher market concentration level.

About the speaker
Fulvio Castellacci is Director at the TIK Centre, University of Oslo (since October 2014) and Research Professor at the Norwegian Institute of International Affairs (NUPI). He holds a PhD in Innovation Studies from the University of Oslo (2004) and a PhD in Economics from the University of Rome La Sapienza (2005). Before joining TIK, Castellacci has been Head of Department of International Economics at NUPI in the period 2007-2014. His fields of interest are the economics of innovation, innovation policy and the economic growth and competitiveness.

Venue: Conference Rooom

Date: 25 September 2014

Time: 12:30 - 13:30  CET