The impact of the French policy mix on business R&D: How geography matters

Autor: Marcos Herrera, Benjamin Montmartin, Nadine Massard
Přispěvatelé: SKEMA Business School, Groupe de Recherche en Droit, Economie et Gestion (GREDEG), Université Nice Sophia Antipolis (... - 2019) (UNS), COMUE Université Côte d'Azur (2015-2019) (COMUE UCA)-COMUE Université Côte d'Azur (2015-2019) (COMUE UCA)-Centre National de la Recherche Scientifique (CNRS)-Université Côte d'Azur (UCA), Observatoire français des conjonctures économiques (OFCE), Sciences Po (Sciences Po), Consejo Nacional de Investigaciones Científicas y Técnicas [Buenos Aires] (CONICET), Universidad Nacional de Salta (UNSA), Laboratoire d'Economie Appliquée de Grenoble (GAEL), Institut polytechnique de Grenoble - Grenoble Institute of Technology (Grenoble INP )-Institut National de la Recherche Agronomique (INRA)-Centre National de la Recherche Scientifique (CNRS)-Université Grenoble Alpes [2016-2019] (UGA [2016-2019]), HCC, Université Côte d'Azur (UCA)-Université Côte d'Azur (UCA)-Centre National de la Recherche Scientifique (CNRS), Institut polytechnique de Grenoble - Grenoble Institute of Technology (Grenoble INP)-Institut National de la Recherche Agronomique (INRA)-Centre National de la Recherche Scientifique (CNRS)-Université Grenoble Alpes (UGA), COMUE Université Côte d'Azur (2015 - 2019) (COMUE UCA)-COMUE Université Côte d'Azur (2015 - 2019) (COMUE UCA)-Centre National de la Recherche Scientifique (CNRS), Centre de Recherche Economique de l'Université de Saint-Etienne (CREUSET), Université Jean Monnet [Saint-Étienne] (UJM)-Centre National de la Recherche Scientifique (CNRS), Observatoire français des conjonctures économiques (Sciences Po) (OFCE)
Jazyk: angličtina
Rok vydání: 2018
Předmět:
R&D INVESTMENT
Strategy and Management
spatial panel
jel:C23
Context (language use)
Management Science and Operations Research
Economía y Negocios
CIENCIAS SOCIALES
jel:H25
Tax credit
JEL: O - Economic Development
Innovation
Technological Change
and Growth/O.O3 - Innovation • Research and Development • Technological Change • Intellectual Property Rights/O.O3.O38 - Government Policy
Management of Technology and Innovation
0502 economics and business
Econometrics
050207 economics
Spatial dependence
R&D investment
ComputingMilieux_MISCELLANEOUS
FRENCH NUTS3 REGIONS
Spatial allocation
POLICY MIX EVALUATION
JEL: H - Public Economics/H.H2 - Taxation
Subsidies
and Revenue/H.H2.H25 - Business Taxes and Subsidies
JEL: C - Mathematical and Quantitative Methods/C.C2 - Single Equation Models • Single Variables/C.C2.C23 - Panel Data Models • Spatio-temporal Models
Spatial interaction
05 social sciences
Policy mix
Subsidy
Investment (macroeconomics)
[SHS.ECO]Humanities and Social Sciences/Economics and Finance
SPATIAL PANEL
Economía
Econometría
jel:O31
jel:O38
JEL: O - Economic Development
Innovation
Technological Change
and Growth/O.O3 - Innovation • Research and Development • Technological Change • Intellectual Property Rights/O.O3.O31 - Innovation and Invention: Processes and Incentives
French NUTS3 regions
Policy mix evaluation
050203 business & management
Zdroj: Research Policy
Research Policy, Elsevier, 2018, 47 (10), pp.2010-2027. ⟨10.1016/j.respol.2018.07.009⟩
Research Policy, Elsevier, 2018, 47 (10), pp.2010-2027
Research Policy, 47(10), 2010-2027 (2018-12)
ISSN: 0048-7333
Popis: Based on a spatial extension of an R&D investment model, this paper measures the macroeconomic impact of the French R&D policy mix on business R&D using regional data. Our measure takes into account not only the direct effect of policies but also indirect effects generated by the existence of spatial interaction between regions. Using a unique database containing information on the levels of various R&D policy instruments received by firms in French NUTS3 regions over the period 2001–2011, our estimates of a spatial Durbin model with structural breaks and fixed effects reveal the existence of a negative spatial dependence among R&D investments in regions. In this context, while a-spatial estimates would conclude that all instruments have a crowding-in effect, we show that national subsidies are the only instrument that is able to generate significant crowding-in effects. On the contrary, it seems that the design, size and spatial allocation of funds from the other instruments (tax credits, local subsidies, European subsidies) lead them to act (in the French context) as beggar-thy-neighbor policies. Fil: Montmartin, Benjamin. Université Côte d’Azur; Francia Fil: Herrera Gomez, Marcos Hernan. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina. Universidad Nacional de Salta. Facultad de Ciencias Económicas, Jurídicas y Sociales. Instituto de Estudios Laborales y del Desarrollo Económico; Argentina Fil: Massard, Nadine. Université Grenoble Alpes; Francia
Databáze: OpenAIRE
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