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

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This report describes the first release of the macroeconomic model developed under the project Prospective Insights on R&D in ICT (PREDICT 2), a research project co-financed by the Directorate General for Communications Networks, Content and Technology and the JRC-IPTS. One of the objectives of PREDICT 2 is the development of a macroeconomic model which allows the economic analysis of scenarios related to ICT R&D funding policies in the European Union. This report provides a motivation for the chosen modelling approach, describes the model structure and the calibration of the model to a reference growth path.

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  • Martin Aarøe Christensen, 2015. "A CGE model with ICT and R&D-driven endogenous growth: A general description," JRC Research Reports JRC97902, Joint Research Centre.
    • Handle: RePEc:ipt:iptwpa:jrc97902
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    File URL: https://publications.jrc.ec.europa.eu/repository/handle/JRC97902
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    6. Martin Aarøe Christensen, 2015. "A CGE model with ICT and R&D-driven endogenous growth: A detailed model description," JRC Research Reports JRC97908, Joint Research Centre.
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    Cited by:

    1. Martin Aarøe Christensen, 2015. "The Economic Impact of Increasing Public Support to ICT R&D: A Modelling Approach," JRC Research Reports JRC97907, Joint Research Centre.
    2. Jean Mercenier & Maria Teresa Alvarez Martinez & Andries Brandsma & Francesco Di Comite & Olga Diukanova & d'Artis Kancs & Patrizio Lecca & Montserrat Lopez-Cobo & Philippe Monfort & Damiaan Persyn & , 2016. "RHOMOLO-v2 Model Description: A spatial computable general equilibrium model for EU regions and sectors," JRC Research Reports JRC100011, Joint Research Centre.

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    More about this item

    Keywords

    Economic Modelling; R&D; ICT; Endogenous Growth;
    All these keywords.

    JEL classification:

    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General

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