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In this paper we assess the system-wide economic impact of the key financial instruments adopted by the European Union for the implementation of the regional policy: The Structural funds and The Cohesion Funds. We take a bottom-up approach by aggregating the 86 categories of expenditures defined...
Persistent link: https://www.econbiz.de/10011981477
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...
Persistent link: https://www.econbiz.de/10012622842
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...
Persistent link: https://www.econbiz.de/10012815698
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...
Persistent link: https://www.econbiz.de/10013256651
The extent and persistence of the inequality of regional output is an important policy issue in China and its sources have been the subject of considerable empirical research. Yet we have relatively little empirical knowledge of the effects on the regional distribution of output of shocks to...
Persistent link: https://www.econbiz.de/10011485272
New knowledge in the form of products, processes and organizations leads to opportunities that can be exploited commercially. However, converting new ideas into economic growth requires turning new knowledge into economic knowledge that constitutes a commercial opportunity. Acs, Audretsch,...
Persistent link: https://www.econbiz.de/10002261247
Persistent link: https://www.econbiz.de/10003663108
Persistent link: https://www.econbiz.de/10012594152
Persistent link: https://www.econbiz.de/10012207547
The purpose of this paper is to contribute to our understanding of regional economic development by constructing a regional entrepreneurship index that captures the essence of the contextual features of entrepreneurship and fills a gap in the measurement of economic and social development in the...
Persistent link: https://www.econbiz.de/10011508867