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Geographic Macro and Regional Model for EU Policy Impact Analysis of Intangible Assets and Growth

Author

Listed:
  • Attila Varga

    () (Department of Economics and Regional Studies, University of Pécs)

  • Péter Járosi

    () (Department of Economics and Regional Studies, University of Pécs)

  • Tamás Sebestyén

    () (Department of Economics and Regional Studies, University of Pécs)

Abstract

This paper introduces the geographic macro and regional model for NUTS-2 regions of the Euro zone. This model consists of three blocks: the TFP, the SCGE and the MACRO blocks. The model is built for impact analysis of policies targeting intangible assets in the forms of R&D, human capital and social capital. The analysis can be done both at the regional and the EU macroeconomic levels. Policy simulations illustrate the capabilities of the complex model system.

Suggested Citation

  • Attila Varga & Péter Járosi & Tamás Sebestyén, 2010. "Geographic Macro and Regional Model for EU Policy Impact Analysis of Intangible Assets and Growth," Working Papers 2010/4, University of Pécs, Department of Economics and Regional Studies, revised Jun 2010.
  • Handle: RePEc:pec:wpaper:2010/4
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    File URL: http://krti-en.ktk.pte.hu/pec/pdf/201004.pdf
    File Function: Revised version, 2010
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    Cited by:

    1. Kristinn Hermannsson & Katerina Lisenkova & Patrizio Lecca & Peter McGregor & Kim Swales, 2010. "The Importance of Graduates for the Scottish Economy: A "Micro-to-Macro" Approach," Working Papers 1026, University of Strathclyde Business School, Department of Economics.

    More about this item

    Keywords

    TFP; SCGE models; DSGE models; impact analysis; R&D; human capital; social capital;

    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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