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The macroeconomic implications of the European Social Fund: An impact assessment exercise using the RHOMOLO model

Sakkas, Stylianos - 2018

We evaluate the macroeconomic impacts of the European Social Fund (ESF) across the EU at both the national and the regional level. To this end, we use the RHOMOLO dynamic spatial Computable General Equilibrium model developed by the JRC for territorial impact assessment. We find out that the...

Persistent link: https://www.econbiz.de/10012055389

The third pillar of the Investment Plan for Europe: An impact assessment using the RHOMOLO model

Christensen, Martin; Conte, Andrea; Di Pietro, Filippo; … - 2018

We evaluate the macroeconomic impact of the legislative proposals contained in the third pillar of the Investment Plan for Europe using the RHOMOLO modelling framework. In particular, we study a number of proposals related to the Capital Markets Union, the Single Market Strategy, the Digital...

Persistent link: https://www.econbiz.de/10012055390

The impact of Cohesion Policy 2007-2015 in EU regions: Simulations with the RHOMOLO Interregional Dynamic General Equilibrium Model

Di Comite, Francesco; Lecca, Patrizio; Monfort, Philippe; … - 2018

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/10012055391

The RHOMOLO economic impact assessment of the R&I and Low-Carbon ERDF Investment programme in Apulia, Italy

Di Comite, Francesco; Diukanova, Olga; Mandras, Giovanni; … - 2018

objectives TO1 "Research and innovation" and TO4 "Low-carbon economy" in the region of Apulia, Italy. The results are based on … projections. Given the high import intensity of the region, only one fourth of the overall effect is driven by the direct …

Persistent link: https://www.econbiz.de/10012055392

Assessing the regional socio-economic impact of the European R&I programme

Christensen, Martin - 2018

Structural socio-economic differences across EU regions may result in heterogeneous regional responses to changes in public spending in support to R&I. In this paper we examine the socio-economic impact at the EU aggregate level and at the regional level of alternative policy designs of the...

Persistent link: https://www.econbiz.de/10012055393

European NUTS 2 regions: construction of interregional trade-linked Supply and Use tables with consistent transport flows

Thissen, Mark; Ivanova, Olga; Mandras, Giovanni; Husby, … - 2019

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...

Persistent link: https://www.econbiz.de/10012055394

Upward pressure on wages and the interregional trade spillover effects under demand-side shocks

Lecca, Patrizio; Christensen, Martin; Conte, Andrea; … - 2019

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...

Persistent link: https://www.econbiz.de/10012055396

Estimating road transport costs between EU regions

Persyn, Damiaan; Diaz-Lanchas, Jorge; Barbero, Javier - 2019

. These transport costs are averaged to obtain an origin-destination cost matrix (in euros) at the region-pair level. The … transport policy tool to assess the impact of road-transport infrastructure investment in a region by considering upgrading …

Persistent link: https://www.econbiz.de/10012055397

Measuring subnational economic complexity: An application with Spanish data

Pérez-Balsalobre, Santiago; Llano Verduras, Carlos; … - 2019

Economic complexity indicators provide a better understanding of the long-term determinants of countries' economic … calculate international and intra-national economic complexity indicators for the provinces of Spain (NUTS-3) for the period … and intra-national trade exposures. We also show that indicators that incorporate both types of trade flows are better …

Persistent link: https://www.econbiz.de/10012055398

The RHOMOLO-IO modelling framework: A flexible Input-Output tool for policy analysis

Mandras, Giovanni; Conte, Andrea; Salotti, Simone - 2019

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...

Persistent link: https://www.econbiz.de/10012387304