Efectos de la política fiscal a la inversión en actividades de I+D de las empresas manufactureras españolas
ISSN: 0213-3865
Ano de publicación: 2006
Título do exemplar: Infraestructuras tecnológicas. Soporte de la economía del siglo XXI
Número: 63
Páxinas: 282-305
Tipo: Artigo
Outras publicacións en: Ekonomiaz: Revista vasca de economía
Resumo
The present article specifies and estimates an econometric model which analyses the effects of the tax incentives to R&D investment from a sample of Spanish innovative manufacturing enterprises during the 1991-1999 period. The estimations carried out show that tax incentives, applied to the tax base (repayment freedom) or to the instalment (tax credit), have turned out to be a useful tool to encourage the demand for R&D investment: a price elasticity on R&D investment demand close to the unit. It also underlines that analysed enterprises are more vulnerable to changes in the tax repayment rate rather than to changes in the tax credit for R&D investment.