RHOMOLO: A Dynamic Spatial General Equilibrium Model for Assessing the Impact of Cohesion Policy
Philippe Monfort and
Papers from arXiv.org
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 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 well 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.
New Economics Papers: this item is included in nep-dge, nep-geo and nep-ure
Date: 2014-10, Revised 2014-10
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (21) Track citations by RSS feed
Downloads: (external link)
http://arxiv.org/pdf/1410.5068 Latest version (application/pdf)
Journal Article: RHOMOLO: A dynamic spatial general equilibrium model for assessing the impact of cohesion policy (2015)
Working Paper: Rhomolo: A Dynamic Spatial General Equilibrium Model for Assessing the Impact of Cohesion Policy (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:1410.5068
Access Statistics for this paper
More papers in Papers from arXiv.org
Bibliographic data for series maintained by arXiv administrators ().