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

Author

Listed:
  • Attila Varga

    (UNIVERSITY OF PÉCS-FACULTY OF BUSINESS AND ECONOMICS)

  • Péter Járosi

    (UNIVERSITY OF PÉCS-FACULTY OF BUSINESS AND ECONOMICS)

  • Tamás Sebestyén

    (UNIVERSITY OF PÉCS-FACULTY OF BUSINESS AND ECONOMICS)

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," UPFBE Working Paper Series 2010/4, Faculty of Business and Economics, University Pécs.
    • Handle: RePEc:pec:wpaper:2010/4
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    File URL: https://journals.lib.pte.hu/index.php/workingpapers/article/view/5933/5659
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    References listed on IDEAS

    as
    1. Johannes Bröcker & Artem Korzhenevych, 2011. "Forward looking dynamics in spatial CGE modelling," Kiel Working Papers 1731, Kiel Institute for the World Economy.
    2. Schmitt-Grohe, Stephanie & Uribe, Martin, 2003. "Closing small open economy models," Journal of International Economics, Elsevier, vol. 61(1), pages 163-185, October.
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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.

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    JEL classification:

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

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