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RHOMOLO: A Dynamic General Equilibrium Modelling Approach to the Evaluation of the EU's Regional Policies

d'Artis Kancs

No EERI_RP_2010_28, EERI Research Paper Series from Economics and Econometrics Research Institute (EERI), Brussels

Abstract: This paper presents the new dynamic spatial general equilibrium (DSGE) model – RHOMOLO, which is built to support the EU policy design by undertaking holistic, micro-founded and disaggregated policy impact assessment. The RHOMOLO model is based on the theories of general equilibrium, endogenous growth and new economic geography and incorporates a multi-level government system. The holistic framework of RHOMOLO allows to assess not only economic, but also social and environmental effects of European policies along regional, sectoral and temporal dimensions.

Keywords: Economic modelling; spatial dynamics; policy impact assessment; regional development; economic geography; spatial equilibrium; DSGE. (search for similar items in EconPapers)
JEL-codes: C63 C68 D58 F1 F12 H41 O1 O31 O40 R13 R3 R4 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cis
Date: 2010-08-28
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http://www.eeri.eu/documents/wp/EERI_RP_2010_28.pdf (application/pdf)

Related works:
Journal Article: RHOMOLO: A Dynamic General Equilibrium Modelling Approach to the Evaluation of the European Union's R&D Policies (2015) Downloads
Working Paper: RHOMOLO: A Dynamic General Equilibrium Modelling Approach to the Evaluation of the EU’s R&D Policies (2015) Downloads
Working Paper: RHOMOLO: A Dynamic General Equilibrium Modelling Approach to the Evaluation of the EU's Regional Policies (2011) Downloads
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