A CGE model with ICT and R&D-driven endogenous growth: A detailed model description

Martin Christensen

No JRC97908, JRC Research Reports from Joint Research Centre

Abstract: We present a multi-country, multi-sector dynamic general equilibrium model with ICT and R&D-driven endogenous growth. The model presented has been developed to study the economic effects of alternative ICT R&D funding policies in the European Union. It accommodates alternative policy instruments that could be used in an attempt to stimulate private ICT R&D expenditures, including general production grants, tax credit or subsidies targeted at specific inputs. The model is calibrated to data from four country blocs Germany, France, the Rest of the EU and the Rest of the World.

Keywords: Economic Modelling; R&D; ICT; Endogenous Growth (search for similar items in EconPapers)
JEL-codes: C68 H20 O30 (search for similar items in EconPapers)
Pages: 48 pages
Date: 2015-12
New Economics Papers: this item is included in nep-cmp, nep-gro, nep-ict and nep-ino
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ipt:iptwpa:jrc97908

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