The impact of the Grand Paris Express on the European regions: a RHOMOLO analysis
Francesco Di Comite,
Giovanni Mandras and
Stylianos Sakkas ()
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Stylianos Sakkas: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en
No 2019-08, JRC Working Papers on Territorial Modelling and Analysis from Joint Research Centre
Abstract:
This technical report illustrates a simulation performed to assess the likely economic impact of the Grand Paris Express investments on the Île-de-France and the other European Union regions, under the working assumption of a combined 1% increase in labour productivity due to better matching between skill supply and demand and a 1% increase in accessibility due to the project. Our simulations suggest an overall medium-term positive GDP impact for the EU as a whole (0.18%), for France (0.79%) and for Île-de-France (2.61%).
Keywords: rhomolo; region; growth; spatial general equilibrium model; Grand Paris; investment; labour productivity; transportation cost (search for similar items in EconPapers)
JEL-codes: C67 C68 R13 R58 (search for similar items in EconPapers)
Pages: 40 pages
Date: 2019-08
New Economics Papers: this item is included in nep-cmp and nep-tre
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Persistent link: https://EconPapers.repec.org/RePEc:ipt:termod:201908
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