The paper presents the newly developed dynamic spatial general equilibrium model of European Commission - RHOMOLO, in which the interplay of agglomeration and dispersion forces can be analysed in a novel and theoretically consistent way. A particular attention is paid to flows of goods, factors...

The dynamic spatial general equilibrium model RHOMOLO with endogenous firm location incorporates multiple sources of agglomeration and dispersion. Agglomeration is driven mainly by increasing returns to scale and localised externalities; dispersion by costly trade and imperfect competition. In...

The present paper describes the modelling approach of regional labour markets taken in the newly developed dynamic spatial general equilibrium model RHOMOLO, where the labour market equilibrium is determined by ?rms’ labour demand, a wage-curve with unemployment, and inter-regional labour...

In this study, we analyse the effects of trade liberalization, world price increase of basic staple and productivity growth in agricultural activities on Turkey by using a dynamic CGE model calibrated to 2008 data. The simulation results suggest that Turkish economy is capable of accommodating...

This report presents the simulations of deeper economic integration in the Euro-Mediterranean area by applying the general equilibrium model MAGNET. The scenarios are conducted in order to provide insight about how growth in North Africa, specifically Egypt, Morocco and Tunisia, could...

This paper outlines how regional labour market adjustments to macro-economic and policy shocks are modelled in RHOMOLO through participation, employment and migration decisions of workers. RHOMOLO, being a multi-sectoral, inter-regional general equilibrium model, is complex both in terms of its...

RHOMOLO is a Computable General Equilibrium (CGE) model aimed at investigating the impact of policy instruments developed according to the objectives of Cohesion Policy. In doing so, this model attempts to cover a broader set of economic variables mostly related to an economic geography setting...

This report documents the JRC/IPTS modelling activities of the 2009 European Commission Communication "Towards a comprehensive climate change agreement in Copenhagen", which establishes the EU's position in the Copenhagen negotiations. According to the POLES model, the estimated global direct...

This report documents the JRC/IPTS modelling activities of the 2009 European Commission Communication "Towards a comprehensive climate change agreement in Copenhagen", which establishes the EU's position in the Copenhagen negotiations. According to the POLES model, the estimated global direct...

This study stresses the capacity of a Social Accounting Matrix (SAM) with a highly disaggregated agricultural sector (AgroSAM) to provide a descriptive analysis of the agri-food and other bio-based sectors. It focuses on Spain but also performs a review for every European Union Member State to...