Research Project

Growth and Sustainability Policies for Europe (GRASP)

Department(s)/ Research Infrastructure
Firms and Markets
Project Status
Completed Project
Project Duration
since/from 2009 to 2013
Commissioned by
EU Commission, Seventh Framework Programme (FP7)
In Cooperation with
Centre for Economic Policy Research (CEPR), United Kingdom (Coordinator)
Université Libre de Bruxelles (ULB), Belgium
Università Bocconi, Italy
University of Oslo (UiO), Norway
Tilburg University, Netherlands
Project Team/Contacts at DIW Berlin

Details

Abstract

The main purpose of GRASP is to address policy concerns associated with growth in an integrated analytical framework. This framework is built on the Schumpeterian growth approach developed by Philippe Aghion. It emphasizes quality-improving innovation in imperfectly competitive markets and suggests that optimal growth policy may depend on levels of technological (and financial) development and on seemingly unrelated yet relevant policies. The policies correspond to a multi-layered vision of policy drivers of growth. GRASP uncovers five layers that deal with gaps in current European research: Research and development, Structural economic reform: Legal, Institutional and organizational reforms, Fiscal. The ID department will be responsible for subcomponent research and development and structural economic reform.

Website
http://grasp.cepr.org/

nach oben