메뉴 건너뛰기




Volumn 31, Issue 4, 2001, Pages 465-477

The role of taxes in corporate research and development spending

Author keywords

[No Author keywords available]

Indexed keywords


EID: 0035610496     PISSN: 00336807     EISSN: None     Source Type: Journal    
DOI: 10.1111/1467-9310.00232     Document Type: Article
Times cited : (18)

References (38)
  • 1
    • 0000858299 scopus 로고
    • Diversification strategy and R&D intensity in multiproduct firms
    • Baysinger, B. and Hoskinson, R. (1989) Diversification strategy and R&D intensity in multiproduct firms. Academy of Management Journal, 32, 2, 310-332.
    • (1989) Academy of Management Journal , vol.32 , Issue.2 , pp. 310-332
    • Baysinger, B.1    Hoskinson, R.2
  • 3
    • 0033226897 scopus 로고    scopus 로고
    • R&D spending pattern of global firms
    • November/ December
    • Bowonder, B. and Yadav, S. (1999) R&D spending pattern of global firms. Research Technology Management, November/ December, 44-55.
    • (1999) Research Technology Management , pp. 44-55
    • Bowonder, B.1    Yadav, S.2
  • 4
    • 0001998274 scopus 로고
    • Pitfalls in financial model building
    • Brainard, W. and Tobin, J. (1968) Pitfalls in financial model building. American Economic Review, 58, 2, 99-121.
    • (1968) American Economic Review , vol.58 , Issue.2 , pp. 99-121
    • Brainard, W.1    Tobin, J.2
  • 7
    • 0011397974 scopus 로고
    • Effects of tax reform on high technology firms
    • Cordes, J.J., Watson, H.S. and Hauger, J.S. (1987) Effects of tax reform on high technology firms. National Tax Journal, 40, 3, 373-391.
    • (1987) National Tax Journal , vol.40 , Issue.3 , pp. 373-391
    • Cordes, J.J.1    Watson, H.S.2    Hauger, J.S.3
  • 8
    • 0000425595 scopus 로고
    • The new incremental tax credit for R&D: Incentive or disincentive?
    • Eisner, R., Steven, A. and Sullivan, M. (1984) The new incremental tax credit for R&D: incentive or disincentive? National Tax Journal, 37, 2, 171-183.
    • (1984) National Tax Journal , vol.37 , Issue.2 , pp. 171-183
    • Eisner, R.1    Steven, A.2    Sullivan, M.3
  • 9
    • 6244258126 scopus 로고
    • Tax policy and administration: The research tax has stimulated some additional research spending
    • General Accounting Office/GGD-89-114 (September)
    • General Accounting Office. (1989) Tax policy and administration: the research tax has stimulated some additional research spending. Report to Congressional Requesters. General Accounting Office/GGD-89-114 (September), 1-90.
    • (1989) Report to Congressional Requesters , pp. 1-90
  • 10
    • 0025590235 scopus 로고
    • The substitutability of capital, labor and R&D in US manufacturing
    • Goel, R.K. (1990) The substitutability of capital, labor and R&D in US manufacturing. Bulletin of Economic Research, 42, 3, 211-223.
    • (1990) Bulletin of Economic Research , vol.42 , Issue.3 , pp. 211-223
    • Goel, R.K.1
  • 12
    • 0024795577 scopus 로고
    • R&D capital, rate of return on R&D investment and spillover of R&D in Japanese manufacturing
    • Goto, A. and Suzuki, K. (1989) R&D capital, rate of return on R&D investment and spillover of R&D in Japanese manufacturing. The Review of Economics and Statistics, 71, 4, 555-564.
    • (1989) The Review of Economics and Statistics , vol.71 , Issue.4 , pp. 555-564
    • Goto, A.1    Suzuki, K.2
  • 13
    • 8344249340 scopus 로고
    • Technology policy in Japan: A short review
    • Goto, A. and Wakasugi, R. (1987) Technology policy in Japan: a short review. Technovation, 5, 4, 269-279.
    • (1987) Technovation , vol.5 , Issue.4 , pp. 269-279
    • Goto, A.1    Wakasugi, R.2
  • 14
    • 6244254607 scopus 로고
    • Industrial research and development, intangible capital stocks, and firm profit rates
    • Grabowski, H. and Mueller, D. (1978) Industrial research and development, intangible capital stocks, and firm profit rates. Bell Journal of Economics, 41, 187-221.
    • (1978) Bell Journal of Economics , vol.41 , pp. 187-221
    • Grabowski, H.1    Mueller, D.2
  • 15
    • 0030269260 scopus 로고    scopus 로고
    • Proxies for the corporate marginal tax rate
    • Graham, J.R. (1996) Proxies for the corporate marginal tax rate. Journal of Financial Economics, 41, 187-221.
    • (1996) Journal of Financial Economics , vol.41 , pp. 187-221
    • Graham, J.R.1
  • 16
    • 0002527794 scopus 로고
    • The R&D factor in international trade and international investment of United States industries
    • Gruber, W., Metha, D. and Vernon, R. (1967) The R&D factor in international trade and international investment of United States industries, Journal of Political Economy, 75, 1, 20-37.
    • (1967) Journal of Political Economy , vol.75 , Issue.1 , pp. 20-37
    • Gruber, W.1    Metha, D.2    Vernon, R.3
  • 17
    • 79957548502 scopus 로고
    • R&D tax policy during the eighties: Success or failure?
    • Hoover Institution
    • Hall, B.H. (1993) R&D tax policy during the eighties: success or failure? Working Papers in Economics E-93-1, Hoover Institution.
    • (1993) Working Papers in Economics E-93-1
    • Hall, B.H.1
  • 18
    • 0000479671 scopus 로고    scopus 로고
    • How effective are fiscal incentives for R&D? A review of the evidence
    • April
    • Hall, B.H. (1999) How effective are fiscal incentives for R&D? A review of the evidence, Research-Policy 29, (4-5), April, 449-469.
    • (1999) Research-Policy , vol.29 , Issue.4-5 , pp. 449-469
    • Hall, B.H.1
  • 20
    • 0000686328 scopus 로고
    • On the bias of corporate tax against high-risk projects
    • Heaton, H. (1987) On the bias of corporate tax against high-risk projects. Journal of Financial and Quantitative Analysis, 22, 3, 366-371.
    • (1987) Journal of Financial and Quantitative Analysis , vol.22 , Issue.3 , pp. 366-371
    • Heaton, H.1
  • 21
    • 6244258125 scopus 로고
    • On the sensitivity of R&D to delicate tax changes: The behavior of US multinational in the 1980s
    • NBER, December
    • Hines, J.R. (1991) On the sensitivity of R&D to delicate tax changes: The behavior of US multinational in the 1980s, Working Paper: 3920. NBER, December.
    • (1991) Working Paper: 3920
    • Hines, J.R.1
  • 22
    • 84885627663 scopus 로고
    • Intangible capital aspects of advertising and R&D expenditures
    • Hirschey, M. (1982) Intangible capital aspects of advertising and R&D expenditures. Journal of Industrial Economics, 30, 4, 375-390.
    • (1982) Journal of Industrial Economics , vol.30 , Issue.4 , pp. 375-390
    • Hirschey, M.1
  • 23
    • 6244307025 scopus 로고    scopus 로고
    • The effect on cash-flow and security returns of an allocation of R&D costs between capitalization and expense
    • Horwitz, B.N. and Zhao, R. (1997) The effect on cash-flow and security returns of an allocation of R&D costs between capitalization and expense. Journal of Financial Statement Analysis, 3, 1, 5-14.
    • (1997) Journal of Financial Statement Analysis , vol.3 , Issue.1 , pp. 5-14
    • Horwitz, B.N.1    Zhao, R.2
  • 24
    • 6244283695 scopus 로고
    • General explanation of the economic recovery tax act of 1981
    • Public Law 97-34
    • Joint Committee on Taxation. 1981 General explanation of the economic recovery tax act of 1981. 97th Congress (Public Law 97-34).
    • (1981) 97th Congress
  • 25
    • 0000601781 scopus 로고
    • The explanation of productivity change
    • Wolff, Edward (ed.), Elgar Reference Collection. International Library of Critical Writings in Economics, Cheltenham and Lyme, N.H., American International Distribution Corporation Williston, Vt., 1997
    • Jorgenson, D.W. and Griliches, Z. (1967) The explanation of productivity change. In Wolff, Edward (ed.), The Economics of Productivity. Volume 1. Elgar Reference Collection. International Library of Critical Writings in Economics, vol. 77. Cheltenham and Lyme, N.H., American International Distribution Corporation Williston, Vt., 1997, 60-94.
    • (1967) The Economics of Productivity , vol.1-77 , pp. 60-94
    • Jorgenson, D.W.1    Griliches, Z.2
  • 27
    • 0030518022 scopus 로고    scopus 로고
    • Public R&D policies and cost behavior of the US manufacturing industries
    • Mamuneas, T.P. and Nadiri, M.I. (1996) Public R&D policies and cost behavior of the US manufacturing industries. Journal of Public Economics, 63, 57-81.
    • (1996) Journal of Public Economics , vol.63 , pp. 57-81
    • Mamuneas, T.P.1    Nadiri, M.I.2
  • 28
    • 0002286403 scopus 로고
    • The R&D tax credit and other technology policy issues
    • Mansfield, E. (1986) The R&D tax credit and other technology policy issues. American Economic Review, 76, 2, 190-194.
    • (1986) American Economic Review , vol.76 , Issue.2 , pp. 190-194
    • Mansfield, E.1
  • 29
    • 0033472983 scopus 로고    scopus 로고
    • The impact of cash flow volatility on discretionary investment and the cost of debt and equity financing
    • Minton, B.A. and Schrand, C. (1999) The impact of cash flow volatility on discretionary investment and the cost of debt and equity financing. Journal of Financial Economics, 54, 3, 423-460.
    • (1999) Journal of Financial Economics , vol.54 , Issue.3 , pp. 423-460
    • Minton, B.A.1    Schrand, C.2
  • 30
    • 0011415099 scopus 로고
    • R&D, production structure and rates of return in the U.S., Japanese and German manufacturing sectors: A non-separable dynamic factor demand model
    • Mohnen, P.A., Nadiri, M.I. and Prucha, I.R. (1986) R&D, production structure and rates of return in the U.S., Japanese and German manufacturing sectors: a non-separable dynamic factor demand model. European Economic Review, 30, 4, 749-771.
    • (1986) European Economic Review , vol.30 , Issue.4 , pp. 749-771
    • Mohnen, P.A.1    Nadiri, M.I.2    Prucha, I.R.3
  • 32
    • 0345182809 scopus 로고    scopus 로고
    • Cary NC: SAS Institute Inc.
    • SAS Institute Inc. (1998) SAS Systems for Regression. Cary NC: SAS Institute Inc.
    • (1998) SAS Systems for Regression
  • 33
    • 0000587842 scopus 로고
    • Taxes and off-balance sheet financing: Research and development limited partnerships
    • Shevlin, T. (1987) Taxes and off-balance sheet financing: research and development limited partnerships, The Accounting Review, 62, 3, 89-92.
    • (1987) The Accounting Review , vol.62 , Issue.3 , pp. 89-92
    • Shevlin, T.1
  • 35
    • 0000690816 scopus 로고    scopus 로고
    • The valuation of corporate R&D expenditures: Evidence from investment opportunities and free cash flow
    • Szewczyk, S.H., Tsetsekos, G.P. and Zantout, Z. (1996) The valuation of corporate R&D expenditures: evidence from investment opportunities and free cash flow. Financial Management, 25, 1, 105-115.
    • (1996) Financial Management , vol.25 , Issue.1 , pp. 105-115
    • Szewczyk, S.H.1    Tsetsekos, G.P.2    Zantout, Z.3
  • 36
    • 4644353417 scopus 로고
    • An analysis of the effectiveness of the research and experimentation tax credit in a Q model of valuation
    • Fall
    • Tillinger, J.W. (1991) An analysis of the effectiveness of the research and experimentation tax credit in a Q model of valuation. Journal of the American Taxation Association, Fall, 1-28.
    • (1991) Journal of the American Taxation Association , pp. 1-28
    • Tillinger, J.W.1
  • 37
    • 0001524993 scopus 로고
    • The effect of capital structure on a firm's liquidation decision
    • Titman, S. (1984) The effect of capital structure on a firm's liquidation decision. Journal of Financial Economics, 13, 1, 137-151.
    • (1984) Journal of Financial Economics , vol.13 , Issue.1 , pp. 137-151
    • Titman, S.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.