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Modelling the Lisbon Strategy: Analysing Policies to Promote Knowledge Investment with an Endogenous Growth Model

Author

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  • Werner Roeger

    (European Commission, DG ECFIN, BU-1, 3/163, Rue de la Loi 200, Brussels/Bruxelles, B-1049, Belgium. E-mails: werner.roeger@ec.europa.eu; janos.varga@ec.europa.eu; jan.intveld@ec.europa.eu)

  • Janos Varga

    (European Commission, DG ECFIN, BU-1, 3/163, Rue de la Loi 200, Brussels/Bruxelles, B-1049, Belgium. E-mails: werner.roeger@ec.europa.eu; janos.varga@ec.europa.eu; jan.intveld@ec.europa.eu)

  • Jan In't Veld

    (European Commission, DG ECFIN, BU-1, 3/163, Rue de la Loi 200, Brussels/Bruxelles, B-1049, Belgium. E-mails: werner.roeger@ec.europa.eu; janos.varga@ec.europa.eu; jan.intveld@ec.europa.eu)

Abstract

We use an endogenous growth model to look at policies that could increase the rate of knowledge investment and innovations in the EU. Among the possible options we consider are R&D tax incentives, removal of entry barriers for start-ups, increasing competition in services and high-skilled immigration. All policies discussed in this paper have the potential to increase knowledge investment in the EU. The most promising reform areas seem to be a reduction in financial frictions and increased competition in services.

Suggested Citation

  • Werner Roeger & Janos Varga & Jan In't Veld, 2009. "Modelling the Lisbon Strategy: Analysing Policies to Promote Knowledge Investment with an Endogenous Growth Model," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 51(4), pages 520-539, December.
  • Handle: RePEc:pal:compes:v:51:y:2009:i:4:p:520-539
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    References listed on IDEAS

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    Cited by:

    1. Barbara Annicchiarico & Fabio Dio & Francesco Felici, 2015. "Fiscal Devaluation Scenarios: A Quantitative Assessment for the Italian Economy," Open Economies Review, Springer, vol. 26(4), pages 731-785, September.
    2. Fabio Di Dio & Barbara Annicchiarico & Francesco Felici, 2011. "The macroeconomics of Europe 2020 reform strategy and the potential effects on Italian economy," EcoMod2011 2866, EcoMod.
    3. Barbara Annichiarico & Fabio Di Dio & Francesco Felici, 2016. "IGEM II: a New Variant of the Italian General Equilibrium Model," Working Papers 4, Department of the Treasury, Ministry of the Economy and of Finance.
    4. Francesca D'Auria & Andrea Pagano & Marco Ratto & Janos Varga, 2009. "A comparison of structural reform scenarios across the EU member states - Simulation-based analysis using the QUEST model with endogenous growth," European Economy - Economic Papers 2008 - 2015 392, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    5. Annicchiarico, Barbara & Di Dio, Fabio & Felici, Francesco, 2013. "Structural reforms and the potential effects on the Italian economy," Journal of Policy Modeling, Elsevier, vol. 35(1), pages 88-109.
    6. FRANCESCO FELICI & Barbara Annicchiarico & Fabio Di Dio, 2012. "Structural Reforms and the Potential Effects on the Italian Economy," EcoMod2012 5073, EcoMod.

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