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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 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
We assess the macroeconomic impact of the EU cohesion policy investments deployed during the 2014-2020 programming … the NUTS 2 regions of the EU within a 20-year time frame. The results suggest that the impact of the policy is sizeable …, especially in the less developed regions of the EU. Accordingly, regional disparities are shown to decrease thanks to the policy …
Persistent link: https://www.econbiz.de/10012815698
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...
Persistent link: https://www.econbiz.de/10011981489
We make the case for a technology-enabled approach to Smart Specialisation policy making in order to foster its effectiveness by proposing a novel type of economic impact assessment. We use the RHOMOLO model to gauge empirically the general equilibrium effects implied by the Smart Specialisation...
Persistent link: https://www.econbiz.de/10012206749
European Union (EU) NUTS-2 regions from 2009 to 2017. To estimate region-specific elasticities, we employ a latent class …. Moreover, we observe that changes in government quality and regional authority influence the ability of EU regions to leverage …
Persistent link: https://www.econbiz.de/10014336610
EU Member States that exhibit co-movement in their growth dynamics, over the period 1980-2018. We then use the observed … of the EU. In contrast, bottom regions with low market dynamism and poor economic development, do not converge to each … other, and collectively lag significantly behind top European regions. Finally, we find evidence of EU Cohesion Fund …
Persistent link: https://www.econbiz.de/10014308640