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Rhomolo and other methodologies to assess The European Cohesion Policy

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  • López-Rodríguez, Jesús

    (European Commission, DG JRC-IPTS)

  • Faíña, Andrés

    (Universidade da Coruña)

Abstract

The funds committed to cohesion policy are the second highest category of expenditure in the European Union budget and this policy is among the most evaluated. There are different tools and methodologies to carry out the evaluation each of them with their own merits and also their flaws and biases. This special issue explores the three main types of approaches, theory-based evaluation, counterfactual (econometrics) and macroeconomic models, to assess cohesion policy by presenting a set of contributions within these methodologies. The first set of contributions focus on the assessment of cohesion policy by means of macro models putting a special emphasis on the European Commission newly developed model RHOMOLO. The second set of contributions is linked to the econometric evaluations of different aspects of cohesion policy and finally a theory-based evaluation exercise closes this special issue

Suggested Citation

  • López-Rodríguez, Jesús & Faíña, Andrés, 2014. "Rhomolo and other methodologies to assess The European Cohesion Policy," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 29, pages 5-13.
    • Handle: RePEc:ris:invreg:0270
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    1. Carla Henriques & Clara Viseu & António Trigo & Maria Gouveia & Ana Amaro, 2022. "How Efficient Is the Cohesion Policy in Supporting Small and Mid-Sized Enterprises in the Transition to a Low-Carbon Economy?," Sustainability, MDPI, vol. 14(9), pages 1-55, April.
    2. Gouveia, M.C. & Henriques, C.O. & Costa, P., 2021. "Evaluating the efficiency of structural funds: An application in the competitiveness of SMEs across different EU beneficiary regions," Omega, Elsevier, vol. 101(C).

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    More about this item

    Keywords

    European Union; Cohesion Policy; regional development; macroeconomic models;
    All these keywords.

    JEL classification:

    • C54 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Quantitative Policy Modeling
    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R13 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General Equilibrium and Welfare Economic Analysis of Regional Economies

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