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The territorial economic impact of COVID-19 in the EU. A RHOMOLO Analysis

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Abstract

The European Commission's Joint Research Centre (JRC) is supporting the ongoing effort by the European Commission in coordinating a common European response to the COVID-19 outbreak. Epidemiological research as well as socio-economic analyses focus on the multi-dimensional consequences of this pandemic in Europe and beyond. The European Commission presented on May 27th a proposal for a rescue and recovery plan at the European Parliament. The analysis reported here is based on the Rhomolo economic model, and has been used to support the Commission proposal and to inform the policy discussion between EU institutions and Member States’ governments.

Suggested Citation

  • Andrea Conte & Patrizio Lecca & Stylianos Sakkas & Simone Salotti, 2020. "The territorial economic impact of COVID-19 in the EU. A RHOMOLO Analysis," JRC Research Reports JRC121261, Joint Research Centre.
  • Handle: RePEc:ipt:iptwpa:jrc121261
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    File URL: https://publications.jrc.ec.europa.eu/repository/handle/JRC121261
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    Cited by:

    1. Tommaso Ferraresi & Leonardo Ghezzi & Fabio Vanni & Alessandro Caiani & Mattia Guerini & Francesco Lamperti & Severin Reissl & Giorgio Fagiolo & Mauro Napoletano & Andrea Roventini, 2021. "On the economic and health impact of the COVID-19 shock on Italian regions: A value chain approach," LEM Papers Series 2021/10, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    2. Gallardo-Albarrán, Daniel & de Zwart, Pim, 2021. "A bitter epidemic: The impact of the 1918 influenza on sugar production in Java," Economics & Human Biology, Elsevier, vol. 42(C).
    3. Arbolino, Roberta & Caro, Paolo Di, 2021. "Can the EU funds promote regional resilience at time of Covid-19? Insights from the Great Recession11We thank the Editors and the four anonymous referees for helpful comments. We also thank Emanuele C," Journal of Policy Modeling, Elsevier, vol. 43(1), pages 109-126.
    4. Jacek Brożyna & Wadim Strielkowski & Aleš Zpěvák, 2023. "Evaluating the Chances of Implementing the “Fit for 55” Green Transition Package in the V4 Countries," Energies, MDPI, vol. 16(6), pages 1-17, March.
    5. Anabela Santos, 2021. "Linking the ‘Recovery and Resilience Plan’ and Smart Specialisation. The Portuguese Case," JRC Working Papers on Territorial Modelling and Analysis 2021-05, Joint Research Centre.
    6. 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.

    More about this item

    Keywords

    rhomolo; region; growth; COvid-19; impact assessment;
    All these keywords.

    JEL classification:

    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory

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