McMorrow, Kieran; Röger, Werner - In: EIB papers 14 (2009) 1, pp. 94-118
estimates using a semi-endogenous growth model with a calibrated knowledge production sector. We analyse how R&D subsidies, a … knowledge investment in the EU. The simulation results show that substantial efforts will have to be made if Europe wants to … come close to achieving the Lisbon productivity and knowledge-investment targets. Achieving US standards in all three areas …