Patents and R&D Subsidies in a Two-Sector Schumpeterian Economy: Calibration Code

This dataset accompanies the paper “Patents and R&D Subsidies in a Two-Sector Schumpeterian Economy” (Stojanovikj, Economic Modelling, 2026). This study examines how patent protection, research and development (R&D) subsidies, and their interaction affect economic growth within a vertically integrated (downstream–upstream) Schumpeterian framework.

This dataset contains the accompanying MATLAB code that allows users to easily replicate the calibration exercises reported in Sections 4.1–4.4 of the paper. The code uses the calibrated model parameters to simulate steady-state growth outcomes under different levels of patent protection, R&D subsidies and their interaction. Using the Readme text file will produce the quantitative results discussed in Section 4: Quantitative Analysis.

The data for the calibrated parameter values are provided in Section 4.1 of the paper, and are also shown in Table 1. The data requires no special access rights. Users can modify the MATLAB code to explore alternative parameter settings or country groupings.

Overall, the dataset allows researchers to replicate and extend the numerical results in the paper and to explore how different calibration values for the patent and R&D subsidy parameters shift the results on the different growth effects in the upstream and downstream sectors.