Few international actors blur the lines between politics and business to the point of making them indistinguishable as some Gulf Cooperation Council (GCC) states do. This Brief looks at their distinct political and economic models, which allow the GCC states to deploy economic levers in support ...
This paper presents the regionalisation methodology followed to build a regional database for RHOMOLO, the spatial computable general equilibrium model developed by the European Commission to evaluate the impact of Cohesion Policy. This report describes the methodology used to develop two sets o...
This technical report presents the methodology followed to transform regional data between different NUTS classifications in RHOMOLO, the spatial computable general equilibrium model developed by the European Commission to evaluate the impact of Cohesion Policy. This method has been designed for...
This report presents the current version of the European Commission's spatial computable general equilibrium model RHOMOLO, developed by the Directorate-General Joint Research Centre (DG JRC) in collaboration with the Directorate-General for Regional and Urban Policy (DG REGIO) to undertake the ...
European integration changes the prospects of regional economies within the Member States of the European Union in many ways. Cohesion policy is the EU’s instrument to influence and complement the efforts at the national level to ensure that the gains of economic integration reach everyone, and ...
The paper presents a spatial computable general equilibrium (SCGE) approach to policy impact assessment which is useful for capturing knowledge spillovers and spatial interactions between regions. First, the relationship between regional productivity and R&D expenditures is estimated econometric...
RHOMOLO is a Computable General Equilibrium (CGE) model aimed at investigating the impact of policy instruments developed according to the objectives of Cohesion Policy. In doing so, this model attempts to cover a broader set of economic variables mostly related to an economic geography setting ...
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 ...
The present paper describes the modelling of regional labour markets in the newly developed dynamic spatial general equilibrium model RHOMOLO, where the labour market equilibrium is determined by firms' labour demand, a wage-curve determining unemployment, and interregional labour migration. The...
