Research Article

DSGE Model of American Internationalized National Innovation System and its Evolutionary Trends

Liu Jian-Hua, Li Xin and Jiang Zhao-Hua

ABSTRACT

DSGE (Dynamic Stochastic General Equilibrium model) can be applied to many areas of study and produces more realistic policy recommendations. American internationalized national innovation system includes business, colleges and universities, government and overseas departments and the four-sector DSGE model of national innovation systems are built. By using econometric methods, this study forecasts the evolutionary trends of the main indicators of the American internationalized national innovation system development in 2020.

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How to cite this article:

Liu Jian-Hua, Li Xin and Jiang Zhao-Hua, 2013. DSGE Model of American Internationalized National Innovation System and its Evolutionary Trends. Journal of Applied Sciences, 13: 2294-2299.

DOI: 10.3923/jas.2013.2294.2299

URL: https://scialert.net/abstract/?doi=jas.2013.2294.2299

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