Agglomeration, Innovation, and Spatial Reallocation : The Aggregate Effects of R and D Tax Credits /

I investigate the aggregate effects of R and D tax credits in the US. Because it subsidizes R and D activity and because credit rates vary between states, this policy has both spatial and dynamic effects on the economy. To address this issue, I construct an endogenous growth model with spatial heter...

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Tác giả chính: Sollaci, Alexandre
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2022.
Loạt:IMF Working Papers; Working Paper ; No. 2022/131
Những chủ đề:
Truy cập trực tuyến:Full text available on IMF