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This paper describes some of the features of a new dynamic general equilibrium framework (RHOMOLO) being developed at the European Commission (JRC-IPTS, together with DG REGIO) for evaluating EU Cohesion Policy. The design of the model reflects the objectives of Cohesion Policy, and a broader...
Persistent link: https://www.econbiz.de/10011542639
of market structure; perfect competition models and monopolistic competition models. Benefit measured by perfect … competition based models is usually independent of economy of scale and therefore the policy assessment result is consistent with … is discussed from a point of view of efficiency. On the other hand, monopolistic competition based models is suitable to …
Persistent link: https://www.econbiz.de/10011516498
Persistent link: https://www.econbiz.de/10011554276
This paper analyses the economic impact of the foreseeable withdrawal of a large amount of the European Structural funds in the Andalusian economy, for the 2014-2020 Community Support Framework. We develop a Dynamic General Equilibrium Model that will assess, under different simulation...
Persistent link: https://www.econbiz.de/10011522727
The Common Agricultural Policy (CAP) is one of the most complex and also the most costly of all EU policies. It comprises over 40 financing streams, including Pillar I and Pillar II measures which are highly regulated. In the case of Poland, these are directed to all 16 NUTS2 regions. We are...
Persistent link: https://www.econbiz.de/10011575496
We analyze existing definitions of carbon leakage and propose a new rigorous one. This is then tested using computable general equilibrium analysis for unilateral carbon dioxide abatement programs in the European Union in 2020, adopted under the United Nations Framework Convention on Climate...
Persistent link: https://www.econbiz.de/10011575664
We propose a general model of monopolistic competition, which encompasses existing models while being flexible enough … to take into account new demand and competition features. Using the concept of Frechet differentiability, we determine a …
Persistent link: https://www.econbiz.de/10011488249
Climate variability is one of the main environmental causes of losses to the agricultural sector. Most of the methodological tools applied to estimate its economic cost usually account only for the direct impact on agricultural activity. In this paper we use an alternative approach in which a...
Persistent link: https://www.econbiz.de/10011544578
We develop a Financial Computable General Equilibrium Model (FCGE) model that can analyse the economic impacts of the infrastructure investment projects and their financing options on growth and distribution in Indonesia economy. It is possible to estimate growth and distributional effects of...
Persistent link: https://www.econbiz.de/10011481783
Persistent link: https://www.econbiz.de/10011581560