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R&I and Low-carbon investment in Apulia, Italy: The RHOMOLO assessment

Olga Diukanova (), Giovanni Mandras (), Andrea Conte () and Simone Salotti
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Olga Diukanova: European Commission - JRC, https://ec.europa.eu/jrc/en

No JRC115019, JRC Working Papers from Joint Research Centre (Seville site)

Abstract: The European Cohesion Policy supports eleven thematic objectives. Four of these are key priorities for the European Regional Development Fund: Research and Innovation (R&I), Information and Communication Technologies (ICT), SME competitiveness, and Low-carbon economy. The European Commission's Joint Research Centre (JRC) is supporting Apulia, Italy, with the design and implementation of Regional Innovation Strategies for Smart Specialisation (RIS3). Quantitative tools such as the RHOMOLO model could help evaluate the impact of funding programmes in different policy areas across European regions. R&I and Low-Carbon ERDF Investments aim at generating sustainable growth and supporting the capacity of regional economies to innovate in line with the Energy Union strategy and the EU's transition to a low-carbon economy. Policy simulations using the RHOMOLO dynamic CGE model show positive macro-economic effects of the ERDF investments related to the R&I and Low-carbon thematic objectives in Apulia both within the region and in its neighbouring regions.

Keywords: rhomolo; region; growth; impact assessment; modelling; Apulia; Italy; Cohesion Policy; ERDF; investment (search for similar items in EconPapers)
JEL-codes: C54 C68 E62 R13 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cmp, nep-ene and nep-mac
Date: 2018-12
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