Public Policy Brief No. 22 | September 1995

Closing the R&D Gap

Evaluating the Sources of R&D Spending

Both spending and tax policies have been implemented in the United States with the goal of stimulating private sector research and development (R&D). Thomas Karier questions whether current R&D policy, especially the research and experimentation tax credit, can contribute to closing the gap between nondefense expenditures on R&D in the United States and such expenditures in other countries, such as Japan and Germany. He also explores possible changes to our current R&D policy to make it more effective.

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Publication Highlight

Working Paper No. 923
Economic Planning under Capitalism
The New Deal and Postwar France Experiments
Author(s): Fernando J. Cardim de Carvalho
February 2019

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