【11月29日】Tax incentives and corporate R&D: Evidence from China
报告人:贾俊雪(中国人民大学)
题目:Tax incentives and corporate R&D: Evidence from China
摘要:Tax incentives have been widely used by many market-oriented governments to encourage business R&D investments around the world. Using a sample of Chinese non-financial listed companies that have reported their expenditures on R&D from 2006 to 2010, this paper empirically explores the effects of tax incentives on corporate R&D. The results show that tax incentives are effective in increasing corporate R&D intensity by reducing the costs of performing R&D. Specifically, a 10 percent decrease in user cost of R&D stimulates a 7.8 percent increase in corporate R&D intensity in the short-run, and around 13 percent rise in R&D intensity in the long-run. We also find that R&D tax incentives are more effective for non-state-owned enterprises and small enterprises. Local governments' high government expenditure on science and technology will stimulate corporate R&D investment.
时间:11月29日(周四)下午15:30-17:00
地点:对外经济贸易大学博学楼1120会议室