How Effective are Fiscal Incentives for R&D? A New Review of the Evidence

This paper surveys the econometric evidence on the effectiveness of fiscal incentives for R&D. We describe the effects of tax systems in OECD countries on the user cost of R&D - the current position, changes over time and across different firms in different countries. We describe and criticize the methodologies used to evaluate the effect of the tax system on R&D behavior and the results from different studies. In the current (imperfect) state of knowledge we conclude that a dollar in tax credit for R&D stimulates a dollar of additional R&D.

Fair value on commons-based intellectual property assets: Lessons of an estimation over Linux kernel.

Open source describes practices in production and development that promote access to the end product's source materials, spreading development burden amongst individuals and companies. This model has resulted in a large and efficient ecosystem and unheralded software innovation, freely available to society. Open source methods are also increasingly being applied in other fields of endeavour, such as biotechnology or cultural production. But under financial reporting framework, general volunteer activity is not reflected on financial statements. As a result, there is not value of volunteer contributions and there is also no single source for cost estimates of how much it has taken to develop an open source technology. This volunteer activity encloses not only individuals but corporations developing and contributing open source products. Standard methodology for reporting open source asset valuation is needed and must include value creation from the perspective of the different stakeholders.FLOSS, commons, accounting standards, financial reporting

Software cost estimation

The paper gives an overview of the state of the art of software cost estimation (SCE). The main questions to be answered in the paper are: (1) What are the reasons for overruns of budgets and planned durations? (2) What are the prerequisites for estimating? (3) How can software development effort be estimated? (4) What can software project management expect from SCE models, how accurate are estimations which are made using these kind of models, and what are the pros and cons of cost estimation models

Valuing the Non-Market Impacts of Underground Coal Mining

This paper has been published in a peer-reviewed journal as: Gillespie, R. & M. E. Kragt (2012). "Accounting for nonmarket impacts in a benefit-cost analysis of underground coal mining in New South Wales, Australia." Journal of Benefit-Cost Analysis 3(2): article 4. DOI: 10.1515/2152-2812.1101Australia, benefit cost analysis, coal mining, choice experiments, natural resource management, non-market valuation, Environmental Economics and Policy, Resource /Energy Economics and Policy, D61, Q32, Q38, Q51,

Policy Analysis for Natural Hazards: Some Cautionary Lessons From Environmental Policy Analysis

How should agencies and legislatures evaluate possible policies to mitigate the impacts of earthquakes, floods, hurricanes and other natural hazards? In particular, should governmental bodies adopt the sorts of policy-analytic and risk assessment techniques that are widely used in the area of environmental hazards (chemical toxins and radiation)? Environmental hazards policy analysis regularly employs proxy tests, in particular tests of technological feasibility, rather than focusing on a policy\u27s impact on well-being. When human welfare does enter the analysis, particular aspects of well-being, such as health and safety, are often given priority over others. Individual risk tests and other features of environmental policy analysis sometimes make policy choice fairly insensitive to the size of the exposed population. Seemingly arbitrary numerical cutoffs, such as the one-in-one million incremental risk level, help structure policy evaluation. Risk assessment techniques are often deterministic rather than probabilistic, and in estimating point values often rely on conservative rather than central-tendency estimates. The Article argues that these sorts of features of environmental policy analysis may be justifiable, but only on institutional grounds-if they sufficiently reduce decision costs or bureaucratic error or shirking-and should not be reflexively adopted by natural hazards policymakers. Absent persuasive. institutional justification, natural hazards policy analysis should be welfare-focused, multidimensional, and sensitive to population size, and natural hazards risk assessment techniques should provide information suitable for policy-analytic techniques of this sort