Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/211346 
Year of Publication: 
2018
Series/Report no.: 
Texto para Discussão No. 2393
Publisher: 
Instituto de Pesquisa Econômica Aplicada (IPEA), Brasília
Abstract (Translated): 
The aim of this paper is to evaluate from 2008 on the effects of Brazilian government strategy of R&D tax incentives increase. We used the synthetic control method to estimate its causal impacts from 2010 to 2015. We demonstrated that this strategy had no relevant effect on research and development (R&D) private investment. Despite the substantial increases in tax reductions, it did not leveraged private expenditures. Actually, it helped to produce a policy mix (direct versus indirect support) not effective, which slightly decreased private spending, in comparison to what would have happened without the escalating fiscal incentives.
Subjects: 
innovation
R&D
tax incentives
synthetic control method
JEL: 
O310
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.