Large shocks, such as natural disasters, are often found to have little or no effect on the equilibrium distribution of economic activity across space. Two apparently competing theoretical explanations for this phenomenon are the increasing returns theory and the locational fundamentals theory....

Discussions of road pricing have paid relatively small attention to the potential effects on the provision of public transport services in a region as depending upon the level of competition in a public transit sector. The present paper uses a fairly simple transport network equilibrium model of...

The present paper studies the modelling of inter-regional trade flows in the newly developed general equilibrium model of European Commission, Rhomolo. In contrast to international trade, usually, trade of goods and services between regions is not recorded statistically. As a result, no...

This paper describes some of the features of a new dynamic general equilibrium framework (RHOMOLO) being developed at the European Commission (JRC-IPTS, together with DG REGIO) for evaluating EU Cohesion Policy. The design of the model reflects the objectives of Cohesion Policy, and a broader...

The present paper describes the construction and first empirical application of the TIGER model (TIGER is an abbreviation of “Transport and Infrastructure General Equilibrium model for Regionsâ€). The TIGER model belongs to the group of regional CGE models, applying a mix of...

This paper addresses consequences of increased labour migration in Europe due to productivity effects in a core-periphery model. Traditional trade and growth models predict an overall beneficial impact of the accession of the current candidate states to the European Union. However, models...

This paper discusses how to fine-tune spatial computable general equilibrium (CGE) models to allow an accurate assessment of indirect effects of major infrastructure projects, through the example of the new Dutch CGE model RAEM. The use of spatial equilibrium models for assessing the economic...

International regional competitiveness developed recently into smart, sustainable and inclusive growth objectives of the Europe 2020 policy programme, as envisioned for the cohesion policy reform after 2013 (EC, 2004). Currently, place-based development policies are proposed for future cohesion...