About: Analysis of Private RD Effects in a CGE Model with Capital Varieties: the Case of the Czech Republic

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: Analysis of Private RD Effects in a CGE Model with Capital Varieties: the Case of the Czech Republic Goto Sponge NotDistinct Permalink

An Entity of Type : http://linked.opendata.cz/ontology/domain/vavai/Vysledek, within Data Space : linked.opendata.cz associated with source document(s)

Attributes	Values
rdf:type	skos:Concept http://linked.opendata.cz/ontology/domain/vavai/Vysledek
Description	In view of the increasing importance of private research in the Czech economy and elsewhere in Europe, this paper attempts to quantify the effect of private R&D on economic growth by applying a Computable General Equilibrium (CGE) model which incorporates the effects of capital varieties following Romer’s theory of endogenous growth. It was discovered that the dynamics of GDP growth are positively related to the production of capital varieties and the elasticity of substitution between homogenous and variety capital. For the Czech Republic, a small and export-oriented economy, support for private R&D can be particularly beneficial since it stimulates the exports of important industries. However, with regard to households, a policy of stimulating R&D could cause short-term adverse effects due to growing unemployment resulting from the substitution of labor for capital varieties. In view of the increasing importance of private research in the Czech economy and elsewhere in Europe, this paper attempts to quantify the effect of private R&D on economic growth by applying a Computable General Equilibrium (CGE) model which incorporates the effects of capital varieties following Romer’s theory of endogenous growth. It was discovered that the dynamics of GDP growth are positively related to the production of capital varieties and the elasticity of substitution between homogenous and variety capital. For the Czech Republic, a small and export-oriented economy, support for private R&D can be particularly beneficial since it stimulates the exports of important industries. However, with regard to households, a policy of stimulating R&D could cause short-term adverse effects due to growing unemployment resulting from the substitution of labor for capital varieties. (en)
Title	Analysis of Private RD Effects in a CGE Model with Capital Varieties: the Case of the Czech Republic Analysis of Private RD Effects in a CGE Model with Capital Varieties: the Case of the Czech Republic (en)
skos:prefLabel	Analysis of Private RD Effects in a CGE Model with Capital Varieties: the Case of the Czech Republic Analysis of Private RD Effects in a CGE Model with Capital Varieties: the Case of the Czech Republic (en)
skos:notation	RIV/60460709:41110/13:61264!RIV14-GA0-41110___
http://linked.open...avai/riv/aktivita	P
http://linked.open...avai/riv/aktivity	P(GPP402/11/P678)
http://linked.open...iv/cisloPeriodika	3
http://linked.open...vai/riv/dodaniDat	2014
http://linked.open...aciTvurceVysledku	Křístková, Zuzana
http://linked.open.../riv/druhVysledku	J - Článek v odborném periodiku
http://linked.open...iv/duvernostUdaju	S - Úplné a pravdivé údaje nepodléhající ochraně podle zvláštních právních předpisů
http://linked.open...titaPredkladatele	Česká zemědělská univerzita v Praze / Provozně ekonomická fakulta
http://linked.open...dnocenehoVysledku	60615
http://linked.open...ai/riv/idVysledku	RIV/60460709:41110/13:61264
http://linked.open...riv/jazykVysledku	eng - angličtina
http://linked.open.../riv/klicovaSlova	research and development, capital varieties, CGE model, economic growth, monopolistic competition, subsidies, Czech Republic (en)
http://linked.open.../riv/klicoveSlovo	CGE model monopolistic competition capital varieties Czech Republic economic growth research and development subsidies
http://linked.open...odStatuVydavatele	CZ - Česká republika
http://linked.open...ontrolniKodProRIV	[3281AD764979]
http://linked.open...i/riv/nazevZdroje	Finance a úvěr
http://linked.open...in/vavai/riv/obor	AH
http://linked.open...ichTvurcuVysledku	1 (xsd:int)
http://linked.open...cetTvurcuVysledku	1 (xsd:int)
http://linked.open...vavai/riv/projekt	Evaluation of Research and Development Effects on the Economic Growth of the Czech Republic with the Use of a Computable General Equilibrium Model
http://linked.open...UplatneniVysledku	2013
http://linked.open...v/svazekPeriodika	63
http://linked.open...iv/tvurceVysledku	Křístková, Zuzana
http://linked.open...ain/vavai/riv/wos	0
issn	0015-1920
number of pages	26 (xsd:int)
http://localhost/t...ganizacniJednotka	41110

Faceted Search & Find service v1.16.118 as of Jun 21 2024

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3240 as of Jun 21 2024, on Linux (x86_64-pc-linux-gnu), Single-Server Edition (126 GB total memory, 48 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2024 OpenLink Software