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Growth Wel­fa­re In­no­va­ti­on Pro­duc­ti­vi­ty

Fun­ding: Eu­ropean Union Ho­ri­zon 2020 Re­se­arch and In­no­va­ti­on ac­tion under grant agree­ment No 822781
Mem­bers: Her­bert DAWID (only IMW mem­bers)
Du­ra­ti­on: 2019-​2020

De­scrip­ti­on:

Star­ting in Ja­nuary 2019 this pro­ject is fun­ded wit­hin the Eu­ropean Union Ho­ri­zon 2020 Re­se­arch and In­no­va­ti­on ac­tion under grant agree­ment No 822781.

The pro­ject GRO­WIN­PRO in­ves­ti­ga­tes the cau­ses of the slow­down in in­co­me and pro­duc­ti­vi­ty growth in Eu­ro­pe du­ring the last de­ca­des and in­tends 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" that has been 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 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. In par­ti­cu­lar, the pro­ject will com­bi­ne ex­ten­si­ve em­pi­ri­cal work with model-​based (po­li­cy) ana­ly­ses, main­ly re­ly­ing on agent-​based ma­cro­e­co­no­mic mo­dels with strong em­pi­ri­cal founda­ti­ons.

Bie­le­feld Uni­ver­si­ty is one of seven Eu­ropean uni­ver­si­ties in the pro­ject con­sor­ti­um, which also in­clu­des six re­se­arch in­sti­tu­tes and sta­tis­ti­cal of­fices. The pro­ject is co­or­di­na­ted by Scuo­la Su­pe­rio­re Sant' Anna in Pisa. Wit­hin the pro­ject Bie­le­feld Uni­ver­si­ty is the lea­der of the Work­packa­ge WP4 "From micro to macro: theo­ry and em­pi­rics" and con­tri­bu­tes in par­ti­cu­lar to the ana­ly­sis of the im­pact of au­to­ma­ti­on/di­gi­ta­liza­ti­on, as well as in­sti­tu­tio­nal chan­ges on the labor mar­ket, for growth and the dy­na­mics of in­dus­try con­cen­tra­ti­on, skill dis­tri­bu­ti­on and wage ine­qua­li­ty. This work will stron­gly rely on si­mu­la­ti­on ana­ly­ses em­ploy­ing ap­pro­pria­te agent-​based mo­dels.

Fur­ther in­for­ma­ti­on can be found on the pro­ject's web­site http://www.gro­win­pro.eu.

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