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Determinants of corporate R&D expenditures: the role of taxes

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dc.abstract.enWhile the literature on determinants of sovereign default is voluminous, the links between private indebtedness and the probability of public bankruptcy have not been studied extensively. In this paper we aim to fill this gap and to shed more light on the influence of the size and structure of private debt on sovereign default probability. We focus on developing and emerging market economies over the years 1970–2012. The main conclusions are that both the size and the structure of private borrowings affect the probability of a sovereign default.
dc.affiliationUniwersytet Warszawski
dc.contributor.authorWasiluk, Dorota
dc.contributor.authorBiałek-Jaworska, Anna
dc.date.accessioned2024-01-24T21:38:02Z
dc.date.available2024-01-24T21:38:02Z
dc.date.copyright2019-05-07
dc.date.issued2020
dc.description.accesstimeAT_PUBLICATION
dc.description.financePublikacja bezkosztowa
dc.description.number54
dc.description.versionFINAL_PUBLISHED
dc.description.volume7
dc.identifier.doi10.2478/CEEJ-2020-0007
dc.identifier.urihttps://repozytorium.uw.edu.pl//handle/item/104657
dc.identifier.weblinkhttps://content.sciendo.com/view/journals/ceej/7/54/article-p110.xml
dc.languageeng
dc.pbn.affiliationeconomics and finance
dc.relation.ispartofCentral European Economic Journal
dc.relation.pages110-126
dc.rightsCC-BY-NC-ND
dc.sciencecloudnosend
dc.subject.enR&D
dc.subject.entax incentives
dc.subject.enpatents
dc.subject.enGermany
dc.subject.enFrance
dc.titleDeterminants of corporate R&D expenditures: the role of taxes
dc.typeReviewArticle
dspace.entity.typePublication