Working Paper
Investment Tax Credits
Robert S. Chirinko
CESifo, Munich, 2000
CESifo Working Paper No. 243
CESifo, Munich, 2000
CESifo Working Paper No. 243
![](https://cesifo.org/DocImg/cesifo_wp243.jpg?c=1689237073)
This paper examines the history, scope, and types of investment tax credits (ITC's) implemented in the United States. Changing views about the role of this fiscal policy tool are related to changing views about the structure of the economy and the possibilities for constructive public policies. The impact of the ITC on economic activity is reviewed briefly.