This paper aims to indicate that an economic recovery of the European economy can be pulled by an increase of the aggregate demand and by the adoption of a new European cohesion policy having an industrial and a territorial dimension. The paper illustrates a theoretical model: the model of the...

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...

In this paper, we develop a specific method to approach the competitive capabilities of regions for which there are not commercial and specialization indicators available. This method bases on the construction of composite indicators, using multivariate statistical methods, and was applied to...

Many parts of the world are currently experiencing the outcome of processes of economic integration, globalization and transformation. Technological advances in telecommunications and in transport facilities have opened up new possibilities for contracts and exchanges among regions. External...