This paper introduces a general equilibrium model of endogenous technical change through basic and applied research …. Basic research differs from applied research in the nature and the magnitude of the generated spillovers. We propose a novel … way of empirically identifying these spillovers and embed them in a framework with private firms and a public research …

This paper introduces a model of endogenous growth through basic and applied research. Basic research differs from … applied research in the nature and the magnitude of the generated spillovers. We propose a novel way of empirically … identifying these spillovers and embed them in a general equilibrium framework with private firms and a public research sector …

This paper introduces a general equilibrium model of endogenous technical change through basic and applied research …. Basic research differs from applied research in the nature and the magnitude of the generated spillovers. We propose a novel … way of empirically identifying these spillovers and embed them in a framework with private firms and a public research …