کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
984934 | 934387 | 2013 | 8 صفحه PDF | دانلود رایگان |
This paper examines the impact of the Dutch R&D tax incentive scheme on the wages of R&D workers. We construct firm specific R&D tax credit rates that vary over time following variations in the Dutch R&D tax incentive program. Using instrumental variables we estimate a wage-sharing model with an unbalanced firm-level panel data covering the period 1997–2004. The elasticity of the R&D wage with respect to the fraction of the wage supported by the fiscal incentives scheme is estimated at 0.2 in the short run and 0.24 in the long run.
► We examine the impact of Dutch R&D tax incentive scheme on the wages of R&D workers.
► Our estimates of the wage effects are 0.2 in the short run and 0.24 in the long run.
► Researchers need to consider potentially sizable wage effects of R&D support schemes.
► Efficiency of R&D tax incentives could be enhanced if the wage effect is avoided.
Journal: Research Policy - Volume 42, Issue 3, April 2013, Pages 823–830