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Re-Examining the Cost-Effectiveness of the Research and Experimentation Tax Credit

Reports
This paper evaluates several well-known empirical studies of the cost-effectiveness of the research and experimentation (R&E) tax credit. Studies of the credit's effect during 1981-1985 generally find weak evidence of cost-effectiveness. However, more recent studies focusing on a longer period conclude that the tax credit has induced an increase in R&E spending by an amount that is significantly...

Patterns of Advanced Technology Adoption and Manufacturing Performance: An Overview

Reports
This report on technology adoption patterns and performance characteristics in a sample of several thousand U.S. manufacturing plants sheds new light on the ways in which technology is associated with growth. The report summarizes a more detailed study to be released later that finds patterns of technology adoption to be enormously diverse. Nonetheless, dispersion of advanced technologies appears...

The U.S. Telecommunications Services Industry: Assessing Competitive Advantage

Reports
Previous research shows that both exporting and the use of advanced technologies independently enhance the performance of U.S. manufacturing plants in a variety of ways. The research presented below shows that plants that both export and use advanced technology outperform other plants in a number of important ways: they increase their employment more rapidly, they pay higher wages and they are...

Trade, Technology and Plant Performance

Reports
Previous research shows that both exporting and the use of advanced technologies independently enhance the performance of U.S. manufacturing plants in a variety of ways. The research presented below shows that plants that both export and use advanced technology outperform other plants in a number of important ways: they increase their employment more rapidly, they pay higher wages and they are...