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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 public support to ICT R&D 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.
2015-12-15
Publications Office of the European Union
JRC97902
978-92-79-53362-4,   
1831-9424,   
EUR 27550,    OP LF-NA-27550-EN-N,   
https://publications.jrc.ec.europa.eu/repository/handle/JRC97902,   
10.2791/385599,   
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