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Assessing policy options for the EU Cohesion Policy 2014-2020

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In this paper we estimate the impact on GDP of Cohesion Policy 2014-2020 for 267 EU regions running a set of simulations with RHOMOLO, a spatial CGE model tailored for economic analysis at the subnational level. We do so by treating the different parts of Cohesion Policy as exogenous and independent shocks, which are first considered separately and then combined to estimate an overall effect. Our simulation suggests that European regions display significant heterogeneity in their deviations from the baseline due to Cohesion Policy, both in absolute terms and relative to the amounts received.

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  • Andries Brandsma & Francesco Di Comite & Olga Diukanova & D'Artis Kancs & Jesus Lopez Rodriguez & Damiaan Persyn & Lesley Potters, 2015. "Assessing policy options for the EU Cohesion Policy 2014-2020," JRC Working Papers JRC94645, Joint Research Centre (Seville site).
  • Handle: RePEc:ipt:iptwpa:jrc94645
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    1. Olga Ivanova & d'Artis Kancs & Dirk Stelder, 2009. "Modelling Inter-Regional Trade Flows: Data and Methodological Issues in Rhomolo," EERI Research Paper Series EERI RP 2009/31, Economics and Econometrics Research Institute (EERI), Brussels.
    2. Andries Brandsma & D'Artis Kancs, 2015. "RHOMOLO: A Dynamic General Equilibrium Modelling Approach to the Evaluation of the European Union's R&D Policies," Regional Studies, Taylor & Francis Journals, vol. 49(8), pages 1340-1359, August.
    3. Francesco Di Comite & D'Artis Kancs, 2015. "Macro-Economic Models for R&D and Innovation Policies - A Comparison of QUEST, RHOMOLO, GEM-E3 and NEMESIS," JRC Working Papers JRC94323, Joint Research Centre (Seville site).
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    9. Francesco Di Comite & Olga Diukanova & D'Artis Kancs, 2016. "RHOMOLO Model Manual: A Dynamic Spatial General Equilibrium Model for EU Regions and Sectors," JRC Working Papers JRC96776, Joint Research Centre (Seville site).
    10. Persyn, Damiaan & Brandsma, Andries & Kancs, d’Artis, 2014. "Modelling Migration and Regional Labour Markets: an Application of the New Economic Geography Model RHOMOLO," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 29, pages 372-407.
    11. Francesco Di Comite & d’Artis Kancs, 2015. "Macro-Economic Models for R&D and Innovation Policies," JRC Working Papers on Corporate R&D and Innovation 2015-03, Joint Research Centre (Seville site).
    12. Francesco Di Comite & d'Artis Kancs & Patrizio Lecca, 2018. "Modeling agglomeration and dispersion in space: The role of labor migration, capital mobility and vertical linkages," Review of International Economics, Wiley Blackwell, vol. 26(3), pages 555-577, August.
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    15. Persyn, Damiaan & Torfs, Wouter & Kancs, d’Artis, 2014. "Modelling regional labour market dynamics: Participation, employment and migration decisions in a spatial CGE model for the EU," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 29, pages 77-90.
    16. John Bradley, 2006. "Evaluating the impact of European Union Cohesion policy in less-developed countries and regions," Regional Studies, Taylor & Francis Journals, vol. 40(2), pages 189-200.
    17. Mark Thissen & Frank Van Oort & Dario Diodato, 2013. "Integration and Convergence in Regional Europe: European Regional Trade Flows from 2000 to 2010," ERSA conference papers ersa13p1116, European Regional Science Association.
    18. Andries Brandsma & d'Artis Kancs & Philippe Monfort & Alexandra Rillaers, 2015. "RHOMOLO: A dynamic spatial general equilibrium model for assessing the impact of cohesion policy," Papers in Regional Science, Wiley Blackwell, vol. 94, pages 197-221, November.
    19. Lesley Potters & Andrea Conte & d'Artis Kancs & Mark Thissen, 2013. "Data Needs for Regional Modelling: A Description of the Data used in Support of RHOMOLO," JRC Working Papers JRC80845, Joint Research Centre (Seville site).
    20. John Bachtler & Carlos Mendez, 2007. "Who Governs EU Cohesion Policy? Deconstructing the Reforms of the Structural Funds," Journal of Common Market Studies, Wiley Blackwell, vol. 45, pages 535-564, September.
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    22. D'Artis Kancs & Enrique Lopez-Bazo & Fabio Manca & Damiaan Persyn, 2012. "Modelling Migration and Regional Labour Markets: An Application of New Economic Geography Model Rhomolo," ERSA conference papers ersa12p808, European Regional Science Association.
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    Cited by:

    1. Persyn, Damiaan & Torfs, Wouter & Kancs, d’Artis, 2014. "Modelling regional labour market dynamics: Participation, employment and migration decisions in a spatial CGE model for the EU," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 29, pages 77-90.
    2. repec:bla:reviec:v:26:y:2018:i:3:p:555-577 is not listed on IDEAS
    3. Di Comite, Francesco & Potters, Lesley, 2014. "Modelling knowledge creation, investment decisions and economic growth in a spatial CGE setting," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 29, pages 47-75.
    4. Francesco Di Comite & d'Artis Kancs & Patrizio Lecca, 2018. "Modeling agglomeration and dispersion in space: The role of labor migration, capital mobility and vertical linkages," Review of International Economics, Wiley Blackwell, vol. 26(3), pages 555-577, August.
    5. Maria Teresa Alvarez-Martinez & Montserrat Lopez-Cobo, 2016. "Social Accounting Matrices for the EU-27 in 2010. Building a new database for RHOMOLO," JRC Working Papers JRC101673, Joint Research Centre (Seville site).
    6. Proost, Stef & Thisse, Jacques-François, 2015. "Skilled Cities, Regional Disparities, and Efficient Transport: The state of the art and a research agenda," CEPR Discussion Papers 10790, C.E.P.R. Discussion Papers.

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    Keywords

    RHOMOLO; multiregional spatial CGE; Cohesion Policy;

    JEL classification:

    • R13 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General Equilibrium and Welfare Economic Analysis of Regional Economies
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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