Bye, Brita; Fæhn, Taran; Heggedal, Tom-Reiel - Statistisk Sentralbyrå, Government of Norway - 2007
We explore how innovation incentives in a small, open economy should be designed in order to achieve the highest welfare and growth, by means of a computable general equilibrium model with R&D-driven endogenous technological change embodied in varieties of capital. We study policy alternatives...