RHOMOLO: A dynamic spatial general equilibrium model for assessing the impact of cohesion policy

被引:24
|
作者
Brandsma, Andries [1 ]
Kancs, d'Artis [1 ]
Monfort, Philippe [2 ]
Rillaers, Alexandra [2 ]
机构
[1] DG Joint Res Ctr, European Commiss, Seville, Spain
[2] DG Reg & Urban Policy, European Commiss, Brussels, Belgium
关键词
Economic modelling; spatial dynamics; policy impact assessment; economic geography; spatial equilibrium; MONOPOLISTIC COMPETITION; LOCATION;
D O I
10.1111/pirs.12162
中图分类号
F [经济];
学科分类号
02 ;
摘要
The paper presents the newly developed dynamic spatial general equilibrium model of European Commission, RHOMOLO, and proposes its future extensions. The model incorporates several elements from economic geography in a novel and theoretically consistent way. It describes the location choice of different types of agents and captures the interplay between agglomeration and dispersion forces in determining the spatial equilibrium. The model is also dynamic as it allows for the accumulation of factors of production, human capital and technology. This makes RHOMOLO particularly suited for simulating policy scenario related to the EU cohesion policy and for the analysis of its impact on the regions and the Member States of the union.
引用
收藏
页码:S197 / S221
页数:25
相关论文
共 50 条
  • [1] Rhomolo: A New Dynamic General Equilibrium Framework for Evaluating the EU Regional Policies
    Brandsma, Andries
    Kancs, d'Artis
    [J]. REGIONAL DISPARITIES IN CENTRAL AND EASTERN EUROPE: THEORETICAL MODELS AND EMPIRICAL ANALYSES, 2010, : 14 - 23
  • [2] Dynamic Spatial General Equilibrium
    Kleinman, Benny
    Liu, Ernest
    Redding, Stephen J.
    [J]. ECONOMETRICA, 2023, 91 (02) : 385 - 424
  • [3] The impact of European Cohesion Policy: a spatial perspective
    Amendolagine, Vito
    Prota, Francesco
    Serlenga, Laura
    [J]. JOURNAL OF ECONOMIC GEOGRAPHY, 2024, 24 (04)
  • [4] RHOMOLO: A Dynamic General Equilibrium Modelling Approach to the Evaluation of the European Union's R&D Policies
    Brandsma, Andries
    Kancs, D'Artis
    [J]. REGIONAL STUDIES, 2015, 49 (08) : 1340 - 1359
  • [5] Fostering the Development of European Regions: A Spatial Dynamic Panel Data Analysis of the Impact of Cohesion Policy
    Bouayad-Agha, Salima
    Turpin, Nadine
    Vedrine, Lionel
    [J]. REGIONAL STUDIES, 2013, 47 (09) : 1573 - 1593
  • [6] Combining Computable General Equilibrium Model with Microdata to Assess Poverty and Income Distribution Effects of Cohesion Policy
    Militaru, Eva
    Popescu, Madalina Ecaterina
    [J]. ECONOMIC COMPUTATION AND ECONOMIC CYBERNETICS STUDIES AND RESEARCH, 2024, 58 (01): : 21 - 36
  • [7] An Estimated Dynamic Stochastic General Equilibrium Model for Monetary Policy Analysis in Mozambique
    Shanaka J Peiris
    Magnus Saxegaard
    [J]. IMF Staff Papers, 2010, 57 : 256 - 280
  • [9] Accounting for monetary and fiscal policy effects in a simple dynamic general equilibrium model
    Chang, Ming-Jen
    Liu, Meng-Chao
    [J]. ECONOMIC RESEARCH-EKONOMSKA ISTRAZIVANJA, 2018, 31 (01): : 778 - 795
  • [10] An Estimated Dynamic Stochastic General Equilibrium Model for Monetary Policy Analysis in Mozambique
    Peiris, Shanaka J.
    Saxegaard, Magnus
    [J]. IMF STAFF PAPERS, 2010, 57 (01): : 256 - 280