SSP long run scenarios for European NUTS2 regions

In this paper we illustrate the development of a modeling framework aimed at producing detailed quantiative estimates for economic variables, consistent with Shared Socio-economic Pathways, and their assumptions about national income and population. Our model not only provides infomation on industrial production levels, employment, consumption patterns, trade _x001d_ows and other macroeconomic variables, but disaggregates them further at the sub-national level, for European NUTS2 regions. Estimates are produced by an especially designed dynamic general equilibrium model (G-RDEM), augmented with a regional down-scaling module. The latter takes into account the di_x001b_erent sectoral composition of the regional economies, their endowments of primary resources, as well as the possible existence of structural and agglomeration externalities. After illustrating the methodology, the paper provides a brief overview of SSP-consistent economic development scenarios produced for the European regions.