Rhomolo: A Dynamic Spatial General Equilibrium Model for Assessing the Impact of Cohesion Policy
The present 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 income, migration flows and capital movements within and between regions that are generated by the stimulus to the regions. This will allow an assessment of the feedback to the Member States and regions and the possibility that in the longer run they will all benefit from the additional growth that is generated. The paper analyses the implications of different assumptions on capital and labour mobility within and between Member States on the spatial equilibrium in terms of income and employment. In doing so, it sheds new light on how the success of cohesion policy can be measured.
BRANDSMA Andries;
KANCS D'Artis;
MONFORT Philippe;
RILLAERS Alexandra;
2013-05-17
Publications Office of the European Union
JRC81133
978-92-79-29739-7,
1831-9424,
EUR 25957,
OP LF-NA-25-957-EN-N,
http://ipts.jrc.ec.europa.eu/publications/pub.cfm?id=6181,
https://publications.jrc.ec.europa.eu/repository/handle/JRC81133,
10.2791/12092,
Additional supporting files
| File name | Description | File type | |
|---|
