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This is the first study that attempts to assess the regional economic impacts of the European Institute of Innovation … and Technology (EIT) investments in a spatially explicit macroeconomic model, which allows us to take into account all key … direct, indirect and spatial spillover effects of EIT investments via inter-regional trade and investment linkages and a …
Persistent link: https://www.econbiz.de/10012137945
policy questions, including policies related to investments in innovation, human capital, green infrastructure and … Modelling System (EU-EMS) developed within the EU Framework Programme for Research and Innovation makes use of the Regional …
Persistent link: https://www.econbiz.de/10012157224
policy questions, including policies related to investments in innovation, human capital, green infrastructure and … Modelling System (EU-EMS) developed within the EU Framework Programme for Research and Innovation makes use of the Regional …
Persistent link: https://www.econbiz.de/10012137993
The paper presents the newly developed dynamic spatial general equilibrium model of European Commission - RHOMOLO, in which the interplay of agglomeration and dispersion forces can be analysed in a novel and theoretically consistent way. A particular attention is paid to flows of goods, factors...
Persistent link: https://www.econbiz.de/10011170029
This paper discusses which changes in the architecture of a standard CGE model are needed in order to introduce effects of trade and firm heterogeneity à la Melitz. Starting from a simple specification with partial equilibrium, one primary production factor and one industry, the frame-work is...
Persistent link: https://www.econbiz.de/10014147815
This paper discusses which changes in the architecture of a standard CGE model are needed in order to introduce effects of trade and firm heterogeneity à la Melitz. Starting from a simple specification with partial equilibrium, one primary production factor and one industry, the framework is...
Persistent link: https://www.econbiz.de/10014147819
This paper presents the new dynamic spatial general equilibrium (DSGE) model – RHOMOLO, which is built to support the EU policy design by undertaking holistic, micro-founded and disaggregated policy impact assessment. The RHOMOLO model is based on the theories of general equilibrium,...
Persistent link: https://www.econbiz.de/10011496131
This paper presents the new dynamic spatial general equilibrium (DSGE) model – RHOMOLO, which is built to support the EU policy design by undertaking holistic, micro-founded and disaggregated policy impact assessment. The RHOMOLO model is based on the theories of general equilibrium,...
Persistent link: https://www.econbiz.de/10011524125
This paper presents the new dynamic spatial general equilibrium (DSGE) model – RHOMOLO, which is built to support the EU policy design by undertaking holistic, micro-founded and disaggregated policy impact assessment. The RHOMOLO model is based on the theories of general equilibrium,...
Persistent link: https://www.econbiz.de/10008774122
The dynamic spatial general equilibrium model RHOMOLO with endogenous firm location incorporates multiple sources of agglomeration and dispersion. Agglomeration is driven mainly by increasing returns to scale and localised externalities; dispersion by costly trade and imperfect competition. In...
Persistent link: https://www.econbiz.de/10011099080