Economic modelling to evaluate Smart Specialisation: an analysis on research and innovation targets in Southern Europe

Javier Barbero, Olga Diukanova (), Carlo Gianelle, Simone Salotti and Artur Santoalha ()
Additional contact information
Olga Diukanova: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en
Artur Santoalha: TIK Centre for Technology, Innovation and culture - UIO

No 2020-01, JRC Working Papers on Territorial Modelling and Analysis from Joint Research Centre

Abstract: We make the case for a technology-enabled approach to Smart Specialisation policy making in order to foster its effectiveness by proposing a novel type of economic impact assessment. We use the RHOMOLO model to gauge empirically the general equilibrium effects implied by the Smart Specialisation logic of intervention as foreseen by the policy makers designing and implementing the European Cohesion policy. More specifically, we simulate the macroeconomic effects of achieving the R&D personnel targets planned by a set of Southern European regions. We discuss the implications of the proposed methodology for future assessments of Smart Specialisation.

Keywords: Rhomolo, Region, Growth, Smart Specialisation; ex-ante policy impact assessment; CGE models; Cohesion policy. (search for similar items in EconPapers)
JEL-codes: C68 O38 R13 R58 (search for similar items in EconPapers)
Pages: 33 pages
Date: 2020-04
New Economics Papers: this item is included in nep-cmp, nep-geo, nep-knm and nep-sbm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Journal Article: Economic modelling to evaluate Smart Specialisation: an analysis of research and innovation targets in Southern Europe (2022)
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Persistent link: https://EconPapers.repec.org/RePEc:ipt:termod:202001

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