RHOMOLO: A Dynamic Spatial General Equilibrium Model for Assessing the Impact of Cohesion Policy
The paper presents the newly developed dynamic spatial general equilibrium model of
European Commission, RHOMOLO. The model incorporates several elements from economic
geography in a novel and theoretically consistent way. It describes the location choice of
dierent 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.
BRANDSMA Andries;
KANCS D'Artis;
MONFORT Philippe;
RILLAERS Alexandra;
2016-01-22
WILEY-BLACKWELL
JRC100017
1056-8190,
http://onlinelibrary.wiley.com/doi/10.1111/pirs.12162/abstract,
jsessionid=6F3A156FCF6CB0A47123BE77DC7F6495.f02t04,
https://publications.jrc.ec.europa.eu/repository/handle/JRC100017,
10.1111/pirs.12162,
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