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Directed innovation policies and the supermultiplier: An empirical assessment of mission-oriented policies in the US economy

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Cited by:

  1. Ettore Gallo & Maria Cristina Barbieri Góes, 2023. "Investment, autonomous demand and long-run capacity utilization: an empirical test for the Euro Area," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 40(1), pages 225-255, April.
  2. Gomez-Gonzalez, Jose E. & Uribe, Jorge M. & Valencia, Oscar M., 2023. "Does economic complexity reduce the probability of a fiscal crisis?," World Development, Elsevier, vol. 168(C).
  3. Fernández Romero, Daniel, 2025. "The fiscal multiplier in presence of unconventional monetary policy: Evidence for 17 OECD countries," Economic Modelling, Elsevier, vol. 147(C).
  4. Guilherme Spinato Morlin & Nikolas Passos & Riccardo Pariboni, 2024. "Growth Theory and the Growth Model Perspective: Insights from the Supermultiplier," Review of Political Economy, Taylor & Francis Journals, vol. 36(3), pages 1130-1155, July.
  5. García, Carlos J. & González, Wildo & Valenzuela, Gabriel, 2025. "The valuation of economic recovery: The case for investment-led fiscal spending policies in open economies," International Review of Economics & Finance, Elsevier, vol. 99(C).
  6. Matteo Deleidi & Claudia Fontanari & Santiago José Gahn, 2023. "Autonomous demand and technical change: exploring the Kaldor–Verdoorn law on a global level," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 40(1), pages 57-80, April.
  7. Odeh Al-Jayyousi & Hira Amin & Hiba Ali Al-Saudi & Amjaad Aljassas & Evren Tok, 2023. "Mission-Oriented Innovation Policy for Sustainable Development: A Systematic Literature Review," Sustainability, MDPI, vol. 15(17), pages 1-21, August.
  8. Saccone, Donatella & Posta, Pompeo Della & Marelli, Enrico & Signorelli, Marcello, 2022. "Public investment multipliers by functions of government: An empirical analysis for European countries," Structural Change and Economic Dynamics, Elsevier, vol. 60(C), pages 531-545.
  9. Thomas H. W. Ziesemer, 2024. "Public R&D and Growth: A Dynamic Panel Vector-Error-Correction Model Analysis for 14 OECD Countries," Economies, MDPI, vol. 12(8), pages 1-33, August.
  10. Giovanna Ciaffi & Matteo Deleidi & Enrico Sergio Levrero, 2023. "The macroeconomic effects of public expenditure in research and development," Working Papers 64, Birkbeck Centre for Innovation Management Research, revised 29 Mar 2023.
  11. Amy Kahn & Atoko Kasongo & Moses M. Sithole & Kgabo Hector Ramoroka, 2024. "An analysis of the micro- and macro-economic determinants of firm R&D intensity in the South African business sector," African Journal of Science, Technology, Innovation and Development, Taylor & Francis Journals, vol. 16(3), pages 297-308, April.
  12. Nomaler, Önder & Spinola, Danilo & Verspagen, Bart, 2021. "Demand-led industrialisation policy in a dual-sector small balance of payments constrained economy," MERIT Working Papers 2021-038, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
  13. BACHTRÖGLER-UNGER Julia & Gabelberger Fabian & Marques Santos Anabela & Doussineau Mathieu, 2025. "When cohesion meets excellence: analysing the drivers of synergies between EU R&I funding instruments in EU regions," JRC Working Papers on Territorial Modelling and Analysis 2025-05, Joint Research Centre.
  14. Batbaatar, Maral & Sandström, Christian & P Larsson, Johan & Wennberg, Karl, 2023. "The State of the Entrepreneurial State: Empirical Evidence of Mission-Led Innovation Projects around the Globe," Ratio Working Papers 368, The Ratio Institute.
  15. Giovanna Ciaffi & Matteo Deleidi & Michele Capriati, 2024. "Government spending, multipliers, and public debt sustainability: an empirical assessment for OECD countries," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 41(2), pages 521-542, July.
  16. Xiao Jie Liu & Haiyue Liu & Shi Yi Liu & Jim Huangnan Shen & Chien‐Chiang Lee, 2022. "Profit sharing, industrial upgrading, and global supply chains: Theory and evidence," Review of Development Economics, Wiley Blackwell, vol. 26(4), pages 2454-2493, November.
  17. Stamegna Marco & Bonaiuti Chiara & Maranzano Paolo & Pianta Mario, 2024. "The Economic Impact of Arms Spending in Germany, Italy, and Spain," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 30(4), pages 393-422.
  18. Andrea Recine & Massimiliano Tancioni, 2025. "Macroeconomic Effects of Government Defense and Non-Defense R&D," Working Papers in Public Economics 262, Department of Economics and Law, Sapienza University of Roma.
  19. Reljic, Jelena & Zezza, Francesco, 2025. "Breaking the divide: Can public spending on social infrastructure boost female employment in Italy?," Economic Modelling, Elsevier, vol. 143(C).
  20. Önder Nomaler & Danilo Spinola & Bart Verspagen, 2024. "Demand‐led industrialisation policy in a dual‐sector small open economy," Metroeconomica, Wiley Blackwell, vol. 75(3), pages 339-376, July.
  21. Thomas H. W. Ziesemer, 2024. "Mission-oriented R&D and growth of Japan 1988–2016: a comparison with private and public R&D," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 33(2), pages 218-247, February.
  22. Gomez-Gonzalez, Jose E. & Uribe, Jorge M. & Valencia, Oscar M., 2025. "Sovereign debt cost and economic complexity," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 99(C).
  23. Borsato, Andrea & Lorentz, André, 2023. "The Kaldor–Verdoorn law at the age of robots and AI," Research Policy, Elsevier, vol. 52(10).
  24. Cozzi, Guido, 2022. "Shall we fear a Patent Waiver? Not for Covid-19 Vaccines," MPRA Paper 111990, University Library of Munich, Germany.
  25. Pallante, Gianluca & Russo, Emanuele & Roventini, Andrea, 2023. "Does public R&D funding crowd-in private R&D investment? Evidence from military R&D expenditures for US states," Research Policy, Elsevier, vol. 52(8).
  26. Ann Hipp & Björn Jindra & Kehinde Medase, 2024. "Overcoming barriers to technology transfer: empirical evidence from the German Democratic Republic," The Journal of Technology Transfer, Springer, vol. 49(5), pages 1787-1821, October.
  27. Francesco Zezza & Dario Guarascio, 2024. "Fiscal policy, public investment and structural change: a P-SVAR analysis on Italian regions," Regional Studies, Taylor & Francis Journals, vol. 58(6), pages 1356-1373, June.
  28. Di Bucchianico, Stefano, 2021. "Inequality, household debt, ageing and bubbles: A model of demand-side Secular Stagnation," IPE Working Papers 160/2021, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
  29. Emboava Vaz, João, 2024. "Impacts of US interest rates on growth, income distribution, and macroeconomic policy space in developing countries: A SFC supermultiplier model," IPE Working Papers 228/2024, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
  30. Zhao, Lu-Tao & Xing, Yue-Yue & Zhao, Qiu-Rong & Chen, Xue-Hui, 2023. "Dynamic impacts of online investor sentiment on international crude oil prices," Resources Policy, Elsevier, vol. 82(C).
  31. Boysen-Hogrefe, Jens, 2025. "Is the supermultiplier currently nil? - A replication study of Deleidi and Mazzucato (2021)," Research Policy, Elsevier, vol. 54(3).
  32. Ciaffi, Giovanna & Deleidi, Matteo & Di Bucchianico, Stefano, 2024. "Stagnation despite ongoing innovation: Is R&D expenditure composition a missing link? An empirical analysis for the US (1948–2019)," Technological Forecasting and Social Change, Elsevier, vol. 206(C).
  33. Ziesemer, Thomas, 2022. "Mission-oriented R&D and growth of Japan 1988-2016," MERIT Working Papers 2022-034, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
  34. Cara Dabrowski & Philipp Heimberger, 2025. "Achieving geoeconomic goals by boosting the economy without raising the public debt ratio? New evidence on the effects of public investment in the European Union," wiiw Policy Notes 99, The Vienna Institute for International Economic Studies, wiiw.
  35. Di Domenico, Lorenzo & Raberto, Marco & Safarzynska, Karolina, 2023. "Resource scarcity, circular economy and the energy rebound: A macro-evolutionary input-output model," Energy Economics, Elsevier, vol. 128(C).
  36. Matteo Deleidi & Walter Paternesi Meloni & Luigi Salvati & Francesca Tosi, 2021. "Output, investment and productivity: the Italian North–South regional divide from a Kaldor–Verdoorn approach," Regional Studies, Taylor & Francis Journals, vol. 55(8), pages 1376-1387, August.
  37. Ziesemer, Thomas, 2025. "Endogenous R&D elasticities of productivity functions and BERD bias," MERIT Working Papers 2025-017, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
  38. Andrea Borsato, 2021. "An Agent-based Model for Secular Stagnation in the USA: Theory and Empirical Evidence," LEM Papers Series 2021/09, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
  39. Bacchiocchi, Andrea & Bellocchi, Alessandro & Coveri, Andrea, 2024. "Firms’ location decisions, supply chain disruptions and government subsidies: A dynamic game," Economic Analysis and Policy, Elsevier, vol. 84(C), pages 1490-1508.
  40. Giovanna Ciaffi & Matteo Deleidi & Mariana Mazzucato, 2024. "Measuring the macroeconomic responses to public investment in innovation: evidence from OECD countries," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 33(2), pages 363-382.
  41. Matteo Deleidi & Davide Romaniello & Francesca Tosi, 2021. "Quantifying fiscal multipliers in Italy: A Panel SVAR analysis using regional data," Papers in Regional Science, Wiley Blackwell, vol. 100(5), pages 1158-1177, October.
  42. Jaehyuk Park, 2024. "Analyzing the direct role of governmental organizations in artificial intelligence innovation," The Journal of Technology Transfer, Springer, vol. 49(2), pages 437-465, April.
  43. Thomas H.W. Ziesemer, 2021. "Mission-oriented R&D and growth," Journal of Applied Economics, Taylor & Francis Journals, vol. 24(1), pages 460-477, January.
  44. Dario Guarascio & Jelena Reljic & Giacomo Cucignatto & Giuseppe Celi & Annamaria Simonazzi, 2023. "Between a rock and a hard place. Long-term drivers of EU structural vulnerability," Working Papers in Public Economics 237, Department of Economics and Law, Sapienza University of Roma.
  45. Giovanna Ciaffi & Matteo Deleidi & Enrico Sergio Levrero, 2022. "The Macroeconomic Impact of Public Spending in Research and Development: An Initial Exploration for G7 and 15 Oecd Countries," Bulletin of Political Economy, Bulletin of Political Economy, vol. 16(1), pages 1-19, June.
  46. Ann Hipp & Udo Ludwig & Jutta Günther, 2021. "Unable to innovate or just bad circumstances? Comparing the innovation system of a state-led and market-based economy," Bremen Papers on Economics & Innovation 2111, University of Bremen, Faculty of Business Studies and Economics.
  47. Barbieri Góes, Maria Cristina & Deleidi, Matteo, 2022. "Output determination and autonomous demand multipliers: An empirical investigation for the US economy," Economic Modelling, Elsevier, vol. 116(C).
  48. Ciaffi, Giovanna & Deleidi, Matteo & Di Domenico, Lorenzo, 2024. "Fiscal policy and public debt: Government investment is most effective to promote sustainability," Journal of Policy Modeling, Elsevier, vol. 46(6), pages 1186-1209.
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