The QUEST III R&D Model

Werner Roeger (), Janos Varga and Jan in 't Veld
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Werner Roeger: DIW Berlin and VIVES KU Leuven

Chapter Chapter 6 in Macroeconomic Modelling of R&D and Innovation Policies, 2022, pp 109-127 from Palgrave Macmillan

Abstract: Abstract This chapter provides a description of the QUEST III model, with a special emphasis on its innovation mechanisms, and offers an example of its application to the analysis of the impact of innovation policies in the EU. In particular, the results of the simulations of an ex-ante impact assessment of Horizon Europe Framework Programme 2021–2027 are presented and discussed.

Keywords: Innovation policy; Dynamic Stochastic General Equilibrium Models; QUEST III; Horizon Europe; EU (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-3-030-71457-4_6

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DOI: 10.1007/978-3-030-71457-4_6

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