RHOMOLO: A Dynamic General Equilibrium Modelling Approach to the Evaluation of the EU's Regional Policies

This paper presents the new dynamic spatial general equilibrium (DSGE) model – RHOMOLO, which is built to support the EU policy design by undertaking holistic, micro-founded and disaggregated policy impact assessment. The RHOMOLO model is based on the theories of general equilibrium, endogenous growth and new economic geography and incorporates a multi-level government system. The holistic framework of RHOMOLO allows to assess not only economic, but also social and environmental effects of European policies along regional, sectoral and temporal dimensions.

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Year of publication:	2010-08-28
Authors:	d'Artis Kancs
Institutions:	Economics and Econometrics Research Institute (EERI)
Subject:	Economic modelling \| spatial dynamics \| policy impact assessment \| regional development \| economic geography \| spatial equilibrium \| DSGE

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Extent:	application/pdf
Series:	EERI Research Paper Series.
Type of publication:	Book / Working Paper
Notes:	Number EERI_RP_2010_28
Classification:	C63 - Computational Techniques ; C68 - Computable General Equilibrium Models ; D58 - Computable and Other Applied General Equilibrium Models ; F1 - Trade ; F12 - Models of Trade with Imperfect Competition and Scale Economies ; H41 - Public Goods ; O1 - Economic Development ; O31 - Innovation and Invention: Processes and Incentives ; O40 - Economic Growth and Aggregate Productivity. General ; R13 - General Equilibrium and Welfare Economic Analysis of Regional Economics ; R3 - Real Estate Markets, Spatial Production Analysis, and Firm Location ; R4 - Transportation Systems
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008774122