This paper provides an analysis of scenarios on the evolution of the EU GDP and aggregate consumption over the period 2020-2030, focusing on the role played by the COVID-19 shock. The gap between estimated precrisis trends and projected paths for three important variables are obtained using...

We investigate the effects of the 2014-20 European structural funds with a general equilibrium model calibrated on the NUTS 1 regions of the EU. We assume forward-looking agents to account for expectations and long-lasting effects of the policy. The almost €260 billion of investments lead the...

This study aims to analyse the alignment of investments in the Spanish 'Recovery and Resilience Plan' with the Smart Specialisation Strategies priorities (2021- 2027) of the country and its regions to identify opportunities for potential synergies and complementary between funding instruments....

This work analyses the alignment of investments in the Greek Recovery and Resilience Plan ('the Greek RRP') with the Smart Specialisation Strategies priorities (2021-2027) of the country and its regions to identify potential synergies and complementarities between funding instruments. The...

This study aims at analysing possible synergies between the Italian National Recovery and Resilience Plan and the Smart Specialisation Strategies for 2021- 2027 of Italian regions. Although Smart Specialisation Strategies are not explicitly mentioned in the Plan, we found that sixteen...

We present an analysis on cohesion policy investments in the regions of Romania using the spatial dynamic general equilibrium model RHOMOLO in order to provide useful insights on the 2021-2027 programmes and their implications for growth and development. The analysis is based on a hypothetical...

This paper provides insights on the potential macroeconomic impact of the European innovation policy for Smart Specialisation governance. We use original empirical data on the governance of the policy, funded through a dedicated financial envelope of the 2014-2020 EU cohesion policy, in a...

We assess the macroeconomic impact of the EU cohesion policy investments deployed during the 2014-2020 programming period, employing updated data on planned expenditures, which in most Member States will take place until 2023. We use the spatial dynamic general equilibrium RHOMOLO in order to...

We analyse the general equilibrium effects of an asymmetric decrease in transport costs, combining a large scale spatial dynamic general equilibrium model for 267 European NUTS 2 regions with a detailed transport model at the level of individual road segments. As a case study we consider the...

This study uses both econometric and modelling techniques to quantify the macroeconomic impact of regulatory reforms removing barriers in the European Single Market for services that have taken place in the European Union between 2006 and 2017. It also provides scenario analyses of the impact of...