In this note we present the economic impact assessment of the European Regional Development Fund (ERDF) for thematic objectives TO1 "Research and innovation" and TO4 "Low-carbon economy" in the region of Apulia, Italy. The results are based on the RHOMOLO-IO demand multiplier analysis and on...

We employ the spatial dynamic general equilibrium model RHOMOLO to estimate the economic impact of the 2021-2027 Cohesion Policy in Bulgarian NUTS-2 regions and analyse the implications for growth and development in Bulgaria. The main investment areas covered by the policy fall into the...

We present an analysis on cohesion policy investments in the regions of Romania using the spatial dynamic general equilibrium model RHOMOLO in order to provide useful insights on the 2021-2027 programmes and their implications for growth and development. The analysis is based on a hypothetical...

We assess the macroeconomic impact of the EU cohesion policy investments deployed during the 2014-2020 programming period, employing updated data on planned expenditures, which in most Member States will take place until 2023. We use the spatial dynamic general equilibrium RHOMOLO in order to...

This paper presents a macroeconomic evaluation of the impact of the Horizon 2020 funds, carried out using the spatial dynamic general equilibrium model RHOMOLO. The policy disbursement data used to feed the model relate to the actual use of the funds over the period 2014-2021, so this is...

The European Commission is working in order to ensure a smooth transition to cleaner forms of energy production away from fossil fuels in order to meet the EU objective of reaching climate neutrality by 2050. The Just Transition Mechanism was launched to manage this transition, under the...

This Technical Report describes the features of the RHOMOLO-IO model and demonstrates its flexibility by showing a number of recent policy-relevant applications for which it has been used. Such applications include, for instance, the study of the European Globalisation Fund, of four TEN-T...

This technical report illustrates a simulation performed to assess the likely economic impact of the Grand Paris Express investments on the Île-de-France and the other European Union regions, under the working assumption of a combined 1% increase in labour productivity due to better matching...

Economic development is interregional in nature, with economic growth being determined by physical and technological proximity identified by interregional and national cross-border interactions in trade, investments, and knowledge. This report explains the construction of a system of...

The paper illustrates the effect of a permanent demand-side shock in the perturbed regions and the associated spillover effects in the non-perturbed regions using the RHOMOLO spatial-numerical general equilibrium model of the EU economy. We test to what extent gradual upward pressure on wages...