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A simulation of impact of withdrawal European funds on Andalusian economy using a dynamic CGE model: 2014–20

Listed author(s):
  • Cardenete, Manuel Alejandro
  • Delgado, M. Carmen

This is the first time that European Regional Policy will not consider Andalusia as one of the Objective 1 priority areas. Thus, this paper analyzes the economic impact of the withdrawal of a large amount of European Structural Funds from the Andalusian economy in the 2014–2020 Community Support Framework. A Dynamic Applied General Equilibrium Model is developed to assess the effects of the loss of this funding on the main regional economic indicators and under different simulation scenarios. The model analyzes the effect of economic policy actions on the economy, satisfying the requirements of welfare and technological feasibility when given some restrictions on available resources.

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File URL: http://www.sciencedirect.com/science/article/pii/S0264999314003915
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Article provided by Elsevier in its journal Economic Modelling.

Volume (Year): 45 (2015)
Issue (Month): C ()
Pages: 83-92

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Handle: RePEc:eee:ecmode:v:45:y:2015:i:c:p:83-92
DOI: 10.1016/j.econmod.2014.09.021
Contact details of provider: Web page: http://www.elsevier.com/locate/inca/30411

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