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Modeling the growth effects of regional knowledge production: The GMR-Europe model and its applications for EU Framework Program policy impact simulations

  • Attila Varga

    ()

  • Péter Járosi
  • Tamás Sebestyén

This paper introduces the Geographic Macro and Regional (GMR) 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 on the growth impacts of the 6th European Framework Program illustrate the capabilities of the complex model system.

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File URL: http://www-sre.wu.ac.at/ersa/ersaconfs/ersa11/e110830aFinal01426.pdf
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Paper provided by European Regional Science Association in its series ERSA conference papers with number ersa11p1426.

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Date of creation: Sep 2011
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Handle: RePEc:wiw:wiwrsa:ersa11p1426
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  1. Johannes BrÃcker, 1998. "original: Operational spatial computable general equilibrium modeling," The Annals of Regional Science, Springer, vol. 32(3), pages 367-387.
  2. Ratto, Marco & Roeger, Werner & Veld, Jan in 't, 2009. "QUEST III: An estimated open-economy DSGE model of the euro area with fiscal and monetary policy," Economic Modelling, Elsevier, vol. 26(1), pages 222-233, January.
  3. Attila Varga, 2007. "GMR-Hungary: A Complex Macro-Regional Model for the Analysis of Development Policy Impacts on the Hungarian Economy," Working Papers 2007/4, University of Pécs, Department of Economics and Regional Studies, revised Oct 2007.
  4. Charles I. Jones, 2002. "Sources of U.S. Economic Growth in a World of Ideas," American Economic Review, American Economic Association, vol. 92(1), pages 220-239, March.
  5. Krugman, Paul, 1991. "Increasing Returns and Economic Geography," Journal of Political Economy, University of Chicago Press, vol. 99(3), pages 483-99, June.
  6. Bröcker, Johannes & Korzhenevych, Artem, 2013. "Forward looking dynamics in spatial CGE modelling," Economic Modelling, Elsevier, vol. 31(C), pages 389-400.
  7. repec:fth:harver:1473 is not listed on IDEAS
  8. B. Dettori & E. Marrocu & R. Paci, 2008. "Total factor productivity, intangible assets and spatial dependence in the European regions," Working Paper CRENoS 200823, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
  9. Zvi Griliches, 1990. "Patent Statistics as Economic Indicators: A Survey," NBER Working Papers 3301, National Bureau of Economic Research, Inc.
  10. Paul Romer, 1989. "Endogenous Technological Change," NBER Working Papers 3210, National Bureau of Economic Research, Inc.
  11. Attila Varga, 2000. "Local Academic Knowledge Transfers and the Concentration of Economic Activity," Journal of Regional Science, Wiley Blackwell, vol. 40(2), pages 289-309.
  12. Attila VARGA, 2007. "From the Geography of Innovation to Development Policy Analysis: The GMR–approach," Annales d'Economie et de Statistique, ENSAE, issue 87-88, pages 83-101.
  13. Thijs Knaap & Jan Oosterhaven & Lóri Tavasszy, 2001. "On the development of raem: The dutch spatial general equilibrium model and it's first application to a new railway link," ERSA conference papers ersa01p171, European Regional Science Association.
  14. repec:dgr:vuarem:2009-22 is not listed on IDEAS
  15. Attila Varga & Hans Schalk, 2004. "Knowledge Spillovers, Agglomeration and Macroeconomic Growth: An Empirical Approach," Regional Studies, Taylor & Francis Journals, vol. 38(8), pages 977-989.
  16. Acs, Zoltan J. & Anselin, Luc & Varga, Attila, 2002. "Patents and innovation counts as measures of regional production of new knowledge," Research Policy, Elsevier, vol. 31(7), pages 1069-1085, September.
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