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  • 1
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    Brasília: Instituto de Pesquisa Econômica Aplicada (IPEA)
    Publication Date: 2020-01-17
    Description: The aim of this paper is to evaluate from 2008 on the effects of Brazilian government strategy of R&D tax incentives increase. We used the synthetic control method to estimate its causal impacts from 2010 to 2015. We demonstrated that this strategy had no relevant effect on research and development (R&D) private investment. Despite the substantial increases in tax reductions, it did not leveraged private expenditures. Actually, it helped to produce a policy mix (direct versus indirect support) not effective, which slightly decreased private spending, in comparison to what would have happened without the escalating fiscal incentives.
    Keywords: O310 ; ddc:330 ; innovation ; R&D ; tax incentives ; synthetic control method
    Language: Portuguese
    Type: doc-type:workingPaper
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  • 2
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    Brasília: Instituto de Pesquisa Econômica Aplicada (IPEA)
    Publication Date: 2020-01-17
    Description: This paper aims to apprehend the economic impact of the 2016 Olympic Games, measuring their effects on the gross domestic product (GDP) per capita of both Rio de Janeiro city and its metropolitan area, from 2012 to 2015. By using the synthetic control method, we found out that the games delayed and mitigated the effects of the national intense macroeconomic crisis on the Rio's GDP per capita. The results point out that there were substantial increasing positive effects during those years, for both municipal and metropolitan levels. In the first case, the GDP per capita would have been almost 7.5% smaller if the games hadn't happened-which means it was approximately R$ 3,694.76/year higher than it would have been in a no games scenario. Regarding the metropolitan area, the GDP per capita would have been nearly 5.1% lesser. It improved about R$ 1,912.38/year due to the intervention. Furthermore, we verified that, if the games had not taken place, Rio's real GDP per capita would have gone back to 2007 levels. Because of the games, its least level equaled that of 2012.
    Keywords: Z20 ; ddc:330 ; Olympics ; Olympic Games ; Rio 2016 ; sinthetic control method
    Language: Portuguese
    Type: doc-type:workingPaper
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  • 3
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    Brasília: Instituto de Pesquisa Econômica Aplicada (IPEA)
    Publication Date: 2020-01-17
    Keywords: Q51 ; ddc:330
    Language: Portuguese
    Type: doc-type:workingPaper
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