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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Hlavní autor: Sollaci, Alexandre
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2022.
Edice:IMF Working Papers; Working Paper ; No. 2022/131
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On-line přístup:Full text available on IMF