Quantitative assessment of Structural Reforms: Modelling the Lisbon Strategy

Alfonso Arpaia (), Werner Roeger, Janos Varga, Jan in 't Veld, Alexandr Hobza, Isabel Grilo and Peter Wobst

No 282, European Economy - Economic Papers 2008 - 2015 from Directorate General Economic and Financial Affairs (DG ECFIN), European Commission

Abstract: Using a variety of economic models, the Commission services have examined the impact of several reforms forming part of the Growth and Jobs Strategy (GJS). Overall, the results show that past reforms have delivered significant benefits, and that further reforms in key areas could generate important additional gains. The modelling results provide support for the existence of positive interactions between structural reforms in different areas, and thus for having a comprehensive reform strategy. They also highlight spillovers between reforms at EU and national level, the magnitude of which is being enhanced through the growing intensity of trade and investment.

Keywords: structural reforms; growth and jobs strategy; GJS; economic models; trade; investment; Arpaia; Roeger; Varga; in 't Veld; Hobza; Grilo; Wobst (search for similar items in EconPapers)
Pages: 49 pages
Date: 2007-06
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Citations: View citations in EconPapers (22)

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Persistent link: https://EconPapers.repec.org/RePEc:euf:ecopap:0282

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