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An Input-Output sectorial analysis of North Macedonia

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Abstract

The European Commission's Joint Research Centre (JRC) is supporting an Innovation Agenda for the Western Balkans (Albania, Bosnia and Herzegovina, Kosovo*, Montenegro, North Macedonia and Serbia). Smart Specialisation is the European Union (EU) place-based policy aiming at more thematic concentration in research and innovation (R&I) investments via the evidence-based identification of the strengths and potential of a given economy. Access to data and economic analysis are key to a better identification of both current and future socio-economic policy challenges. The EU Instrument for Pre-accession Assistance (IPA) supports reforms in the enlargement countries with financial and technical help. Out of the almost €4000 million of EU financial support to Western Balkans over the programming period 2014-2022, €664 are destined to North Macedonia. Economic modelling simulations using national Input-Output data for North Macedonia show the potential benefits related to investments in the country. The analysis uses a detailed sectorial disaggregation.

Suggested Citation

  • Giovanni Mandras & Andrea Conte & Simone Salotti, 2020. "An Input-Output sectorial analysis of North Macedonia," JRC Research Reports JRC119971, Joint Research Centre.
    • Handle: RePEc:ipt:iptwpa:jrc119971
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    File URL: https://publications.jrc.ec.europa.eu/repository/handle/JRC119971
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    Keywords

    rhomolo; region; growth; smart specialisation; western balkans;
    All these keywords.

    JEL classification:

    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • C82 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access
    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination

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