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Geographic Macro and Regional Model for EU Policy Impact Analysis of Intangible Assets and Growth

Author

Listed:
  • Attila Varga

    (UNIVERSITY OF PÉCS-FACULTY OF BUSINESS AND ECONOMICS)

  • Péter Járosi

    (UNIVERSITY OF PÉCS-FACULTY OF BUSINESS AND ECONOMICS)

  • Tamás Sebestyén

    (UNIVERSITY OF PÉCS-FACULTY OF BUSINESS AND ECONOMICS)

Abstract

This paper introduces the geographic macro and regional 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 illustrate the capabilities of the complex model system.

Suggested Citation

  • Attila Varga & Péter Járosi & Tamás Sebestyén, 2010. "Geographic Macro and Regional Model for EU Policy Impact Analysis of Intangible Assets and Growth," UPFBE Working Paper Series 2010/4, Faculty of Business and Economics, University Pécs.
    • Handle: RePEc:pec:wpaper:2010/4
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    File URL: https://journals.lib.pte.hu/index.php/workingpapers/article/view/5933/5659
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    References listed on IDEAS

    as
    1. Schmitt-Grohe, Stephanie & Uribe, Martin, 2003. "Closing small open economy models," Journal of International Economics, Elsevier, vol. 61(1), pages 163-185, October.
    2. Bröcker, Johannes & Korzhenevych, Artem, 2013. "Forward looking dynamics in spatial CGE modelling," Economic Modelling, Elsevier, vol. 31(C), pages 389-400.
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    Cited by:

    1. Hermannsson, Kristinn & Lisenkova, Katerina & Lecca, Patrizio & McGregor, Peter G & Swales, J Kim, 2010. "The Importance of Graduates for the Scottish Economy: A Micro-to-Macro Approach," SIRE Discussion Papers 2010-80, Scottish Institute for Research in Economics (SIRE).

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    More about this item

    Keywords

    TFP; SCGE models; DSGE models; Impact analysis; R&D; human capital; Social capital.;
    All these keywords.

    JEL classification:

    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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