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Growth Welfare Innovation Productivity

Growth Welfare Innovation Productivity

Objective

Well before the Great Recession, the strikingly successful socio-economic regime of growth of the three decades after WWII came to an end as the smooth matching among technological innovation, productivity growth, income distribution and aggregate demand increasingly broke down. However, a new virtuous regime is hardly emerging and growth of income and productivity remains sluggish especially in Europe. The project is meant to investigate the causes of the slowdown and to propose an integrated policy package able to sustain an inclusive and welfare-enhancing process of growth resilient to climate change and population aging. In some respects, the proposal represents the deepening of the ‘diagnostic exercise’ we have undertaken in a very successful H2020 project: ISIGrowth http://www.isigrowth.eu/. In many others it extends the scope of the investigation, fully addressing the whole thread of the interaction among innovation, productivity, and growth in a world possibly undergoing a' IV Industrial Revolution', wherein globalization exacerbated the diverging patterns of value distribution among countries and social groups. Together, it will thoroughly study the effects of monetary, fiscal and mission-oriented policies in stimulating productivity and output growth. The team comprises leading international scholars ranging from economics of innovation, industrial dynamics, econometrics, agent-based macroeconomics, and public governance. Crucially a group of National Statistical Offices will join the research, also developing new data and measurements. The policy recommendations will be grounded on solid micro-, meso- and macro analyses, always accounting for the feedbacks between Schumpeterian (supply side) dynamics and Keynesian (demand side) ones. The relevance and adequacy of the proposed policies will be continuously challenged by the interaction with a whole set of stakeholders belonging to European Institutions, civil society, and business.

Coordinator

SCUOLA SUPERIORE DI STUDI UNIVERSITARI E DI PERFEZIONAMENTO SANT'ANNA

Address

Piazza Martiri Della Liberta 33
56127 Pisa

Italy

Activity type

Higher or Secondary Education Establishments

EU Contribution

€ 596 700

Participants (13)

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BUNDESANSTALT STATISTIK OESTERREICH

Austria

EU Contribution

€ 130 000

CENTRAAL BUREAU VOOR DE STATISTIEK

Netherlands

EU Contribution

€ 130 000

ISTITUTO NAZIONALE DI STATISTICA

Italy

EU Contribution

€ 130 000

KATHOLIEKE UNIVERSITEIT LEUVEN

Belgium

EU Contribution

€ 90 000

UNIVERSITEIT MAASTRICHT

Netherlands

EU Contribution

€ 240 000

FONDATION NATIONALE DES SCIENCES POLITIQUES

France

EU Contribution

€ 210 000

UNIVERSITY COLLEGE LONDON

United Kingdom

EU Contribution

€ 240 000

UNIVERZA V LJUBLJANI

Slovenia

EU Contribution

€ 140 000

UNIVERSITAET BIELEFELD

Germany

EU Contribution

€ 240 000

TARTU ULIKOOL

Estonia

EU Contribution

€ 210 000

OSTERREICHISCHES INSTITUT FUR WIRTSCHAFTSFORSCHUNG VEREIN

Austria

EU Contribution

€ 209 250

ZEW - LEIBNIZ-ZENTRUM FUR EUROPAISCHE WIRTSCHAFTSFORSCHUNG GMBH MANNHEIM

Germany

EU Contribution

€ 346 700

LUNARIA ASSOCIAZIONE DI PROMOZIONE SOCIALE E IMPRESA SOCIALE

Italy

EU Contribution

€ 85 050

Project information

Grant agreement ID: 822781

Status

Ongoing project

  • Start date

    1 January 2019

  • End date

    31 December 2021

Funded under:

H2020-EU.3.6.1.1.

  • Overall budget:

    € 2 997 700

  • EU contribution

    € 2 997 700

Coordinated by:

SCUOLA SUPERIORE DI STUDI UNIVERSITARI E DI PERFEZIONAMENTO SANT'ANNA

Italy