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.
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.
Titre
en
The impact of the French policy mix on business R&D: How geography matters
1
SKEMA Business School
( 214127 )
- Campus Sophia Antipolis 60 rue Dostoïevski 06902 Sophia Antipolis
- France
SKEMA Business School ( 344663 )
2
GREDEG -
Groupe de Recherche en Droit, Economie et Gestion
( 185786 )
- GREDEG - Bâtiment 2 - Campus Azur du CNRS - 250 rue Albert Einstein - CS 10269 - F
06905 SOPHIA ANTIPOLIS Cedex
- France
Centre National de la Recherche Scientifique UMR7321 ( 441569 )
;
Université Côte d'Azur UMR7321 ( 1039632 )
3
OFCE -
Observatoire français des conjonctures économiques (Sciences Po)
( 250936 )
- 10 place de Catalogne - 75014 Paris
- France
Sciences Po ( 301587 )
4
CONICET -
Consejo Nacional de Investigaciones Científicas y Técnicas [Buenos Aires]
( 92878 )
- Avda. Rivadavia 1917 - CP C1033AAJ - Cdad. de Buenos Aires
- Argentine
5
UNSA -
Universidad Nacional de Salta
( 307514 )
- Av. Bolivia 5150, A4400 Salta
- Argentine
6
GAEL -
Laboratoire d'Economie Appliquée de Grenoble
( 451855 )
- Domaine Universitaire - BATEG, 1241 rue des Résidences
38400 St Martin d'Hères
- France
Institut polytechnique de Grenoble - Grenoble Institute of Technology ( 89889 )
;
Institut National de la Recherche Agronomique UMR 1215 ( 92114 )
;
Centre National de la Recherche Scientifique UMR 5313 ( 441569 )
;
Université Grenoble Alpes [2016-2019] ( 445543 )
Date de publication électronique
2018-07-22
Date de publication
2018-12
Audience
Non spécifiée
Comité de lecture
Oui
Vulgarisation
Non
Nom de la revue
Research Policy
(ISSN : 0048-7333)
Publié par Elsevier
Revue non référencée dans Sherpa-Romeo
H - Public Economics/H.H2 - Taxation, Subsidies, and Revenue/H.H2.H25 - Business Taxes and Subsidies
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
O - Economic Development, Innovation, Technological Change, and Growth/O.O3 - Innovation • Research and Development • Technological Change • Intellectual Property Rights/O.O3.O38 - Government Policy
C - Mathematical and Quantitative Methods/C.C2 - Single Equation Models • Single Variables/C.C2.C23 - Panel Data Models • Spatio-temporal Models
Domaine(s)
Sciences de l'Homme et Société/Economies et finances
Benjamin Montmartin, Marcos Herrera, Nadine Massard. The impact of the French policy mix on business R&D: How geography matters. Research Policy, 2018, 47 (10), pp.2010 - 2027. ⟨10.1016/j.respol.2018.07.009⟩. ⟨hal-01847012⟩