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Economic impact assessment of alternative European Neighborhood Policy (ENP) options with the application of the GMR-Turkey model

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  • Attila Varga

    () (University of Pécs
    University of Pécs)

  • Mete Basar Baypinar

    () (University of Pécs
    Istanbul Technical University)

Abstract

Abstract This paper applies the GMR-Turkey policy impact model to estimate the likely regional effects of a selected set of policies suggested in the European Neighborhood Policy literature. We grouped the policy suggestions into two alternative sets of measures, which became the bases of two alternative scenarios of regional economic development, the Conservative scenario and the Technology- and innovation-based development scenario. Our results suggest that a persistent and systematic long-term regional technology development-based economic policy which applies measures such as investment, education and R&D support, promotion of better connectedness to EU research networks and increased physical accessibility to developed markets could in the longer run result in higher levels of regional and national production together with decreasing interregional differences than a scenario supporting the expansion of traditional industries in the region.

Suggested Citation

  • Attila Varga & Mete Basar Baypinar, 2016. "Economic impact assessment of alternative European Neighborhood Policy (ENP) options with the application of the GMR-Turkey model," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 56(1), pages 153-176, January.
  • Handle: RePEc:spr:anresc:v:56:y:2016:i:1:d:10.1007_s00168-015-0725-6
    DOI: 10.1007/s00168-015-0725-6
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    References listed on IDEAS

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    6. Nadezhda Lebedeva & Peter Schmidt, 2013. "Values and Attitudes towards Innovation among Canadian, Chinese and Russian Students," HSE Working papers WP BRP 04/SOC/2013, National Research University Higher School of Economics.
    7. Attila Varga, 2007. "GMR-Hungary: A Complex Macro-Regional Model for the Analysis of Development Policy Impacts on the Hungarian Economy," Working Papers 2007/4, University of Pécs, Department of Economics and Regional Studies, revised Oct 2007.
    8. Ratto, Marco & Roeger, Werner & Veld, Jan in 't, 2009. "QUEST III: An estimated open-economy DSGE model of the euro area with fiscal and monetary policy," Economic Modelling, Elsevier, vol. 26(1), pages 222-233, January.
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    Cited by:

    1. repec:spr:anresc:v:60:y:2018:i:3:d:10.1007_s00168-016-0785-2 is not listed on IDEAS
    2. repec:spr:anresc:v:60:y:2018:i:3:d:10.1007_s00168-017-0826-5 is not listed on IDEAS

    More about this item

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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