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The importance of studying inter-regional spillover effects of European policies: application of the RHOMOLO model for Poland

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Abstract

The European cohesion policy is the EU’s main investment policy and targets all regions and cities across the EU to support job creation, business competitiveness, economic growth, and sustainable development. In the 2014–2020 programming period, one third of the EU budget has been allocated to the projects under this policy. This report contains a macroeconomic impact assessment of the European cohesion policy with a focus on Polish regions. The analysis deals in particular with the spillover effects arising from the policy intervention resulting from indirect trade effects and other inter-regional inter-dependencies and interactions. The analysis shows that the policy has a positive long-run impact, lasting years after the end of the programmes. This reflects the fact that cohesion policy supports investments in key engines of growth improving the structure of the Polish economy.

Suggested Citation

  • Patrizio Lecca & Simone Salotti & Andrea Conte, 2020. "The importance of studying inter-regional spillover effects of European policies: application of the RHOMOLO model for Poland," JRC Working Papers on Territorial Modelling and Analysis 2020-04, Joint Research Centre.
    • Handle: RePEc:ipt:termod:202004
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    1. Olga Diukanova & Giovanni Mandras & Andrea Conte & Simone Salotti, 2018. "R&I and Low-carbon investment in Apulia, Italy: The RHOMOLO assessment," JRC Research Reports JRC115019, Joint Research Centre.
    2. Patrizio Lecca & Martin Christensen & Andrea Conte & Giovanni Mandras & Simone Salotti, 2020. "Upward pressure on wages and the interregional trade spillover effects under demand‐side shocks," Papers in Regional Science, Wiley Blackwell, vol. 99(1), pages 165-182, February.
    3. Christensen, Martin & Weiers, Georg & Wolski, Marcin, 2019. "The 2019 assessment of the macroeconomic effects of the European Fund for Strategic Investments with the RHOMOLO-EIB model," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 45, pages 5-15.
    4. Francesco Di Comite & Olga Diukanova & Giovanni Mandras & Javier Gómez Prieto, 2018. "The RHOMOLO economic impact assessment of the R&I and Low-Carbon ERDF Investment programme in Apulia, Italy," JRC Working Papers on Territorial Modelling and Analysis 2018-04, Joint Research Centre (Seville site).
    5. Patrizio Lecca & Javier Barbero Jimenez & Martin Aaroe Christensen & Andrea Conte & Francesco Di Comite & Jorge Diaz-Lanchas & Olga Diukanova & Giovanni Mandras & Damiaan Persyn & Stylianos Sakkas, 2018. "RHOMOLO V3:A Spatial Modelling Framework," JRC Research Reports JRC111861, Joint Research Centre.
    6. Martin Christensen & Andrea Conte & Filippo Di Pietro & Patrizio Lecca & Giovanni Mandras & Simone Salotti, 2018. "The third pillar of the Investment Plan for Europe: An impact assessment using the RHOMOLO model," JRC Working Papers on Territorial Modelling and Analysis 2018-02, Joint Research Centre (Seville site).
    7. Martin Christensen & Andrea Conte & Filippo Di Pietro & Patrizio Lecca & Giovanni Mandras & Simone Salotti, 2018. "The third pillar of the Investment Plan for Europe: The RHOMOLO assessment," JRC Research Reports JRC114088, Joint Research Centre.
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    Cited by:

    1. Francesca Crucitti & Nicholas-Joseph Lazarou & Philippe Monfort & Simone Salotti, 2021. "A scenario analysis of the 2021-2027 European Cohesion Policy in Bulgaria and its regions," JRC Working Papers on Territorial Modelling and Analysis 2021-06, Joint Research Centre (Seville site).

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    More about this item

    Keywords

    Rhomolo; region; growth; cohesion policy; Poland;
    All these keywords.

    JEL classification:

    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
    • R13 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General Equilibrium and Welfare Economic Analysis of Regional Economies

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