Um modelo de equilíbrio computável incorporando o investimento inovativo

Edson Domingues, Aline Magalhães and Diego Miyajima
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Aline Magalhães: Cedeplar-UFMG
Diego Miyajima: Cedeplar-UFMG

No 600, Textos para Discussão Cedeplar-UFMG from Cedeplar, Universidade Federal de Minas Gerais

Abstract: This study aimed to estimate the impact of R&D expenditures or subsidies, such as those revealed by the Survey of Innovation, on the Brazilian economy. The analysis based on general equilibrium approach (input-output and computable general equilibrium model) has the advantage of taking into account the sectoral interdependencies, in order to allow a systemic view of innovation and R & D expenditures on the Brazilian economy. The results show that R & D services are an important element of the economy's investment: 94% of the production of R & D services is used as investment, and only 6% as an intermediary input. Therefore, the impact of R & D occurs more intensely through investment and productivity channels than through multiplier effects on production.

Keywords: Innovation; input-output; applied general equilibrium models (search for similar items in EconPapers)
JEL-codes: C67 C68 O3 (search for similar items in EconPapers)
Pages: 22 pages
Date: 2019-03
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