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

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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.

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  • 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.
    • Handle: RePEc:ipt:iptwpa:jrc97908
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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.
    3. 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.

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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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