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the main objective of the policy simulations carried out in this paper. For this purpose three different modelling … modelling work is the simultaneous treatment of economic (GDP, employment), social (income distribution, unemployment) and … environmental issues. The paper shortly describes the different modelling approaches and highlights the most important features for …
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variables. The outcomes of the simulations are the results of a combination of demand-and-supply-side shocks that are … regional policy at the regional, national, and EU level. In the short-run, our simulation exercise suggests a pronounced …
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