Plausibly Exogenous [1680] - R&D Tax Credits (09/08/2024)

LHS Variable
Innovation

RHS Variable
US state-level R&D tax credits

Source of Exogenous Variation
Staggered adoption of state-level credits in the US between 1985 and 2004

- Melnik and Smyth (2024), “R&D tax credits and innovation”