Macroeconomic Modelling of R&D and Innovation Policies

Ufuk Akcigit is Associate Professor of Economics at the University of Chicago and a faculty research fellow at the NBER and CEPR.Cristiana Benedetti Fasil is Economic Analyst at the Joint Research Centre of the European Commission.Giammario Impullitti is Associate Professor at the University of Nottingham.Omar Licandro is Professor at the University of Nottingham. Miguel Sanchez-Martinez is Economic Analyst at the Joint Research Centre of the European Commission.

• 1. Introduction.- Part I. Macroeconomic Modelling of Innovation Policy: State-Of-The-Art.- 2. Innovation, Public Policy and Growth: What the Data Say.- 3. Innovation and Growth: Theory.- 4. The Frontier of Macroeconomic Modelling: Proceedings of the JRC-IEA Workshop 2017.- Part II. Impact Assessment of Innovation Policies: Models and Examples for the European Union.- 5. The RHOMOLO spatial CGE model.- 6. The QUEST III R&D Model.- 7. The NEMESIS macro-econometric model.- 8. Taking Stock.- 9 Other Innovation Policies and Alternative Modelling Approaches.- Part III. Conclusions.