A simulation of impact of withdrawal European funds on Andalusian economy using a dynamic CGE model: 2014–20

Manuel Alejandro Cardenete and María del Carmen Delgado

Economic Modelling, 2015, vol. 45, issue C, 83-92

Abstract: This is the first time that European Regional Policy will not consider Andalusia as one of the Objective 1 priority areas. Thus, this paper analyzes the economic impact of the withdrawal of a large amount of European Structural Funds from the Andalusian economy in the 2014–2020 Community Support Framework. A Dynamic Applied General Equilibrium Model is developed to assess the effects of the loss of this funding on the main regional economic indicators and under different simulation scenarios. The model analyzes the effect of economic policy actions on the economy, satisfying the requirements of welfare and technological feasibility when given some restrictions on available resources.

Keywords: Social accounting matrix; Dynamic Applied General Equilibrium Models; Regional economy; European regional policy; Impact analysis (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecmode:v:45:y:2015:i:c:p:83-92

DOI: 10.1016/j.econmod.2014.09.021

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