The impact of the recovery fund on EU regions : a spatial general equilibrium analysis

Gespeichert in:

Autor*in:	Barbero, Javier - 1988- [verfasserIn] Conte, Andrea [verfasserIn] Crucitti, Francesca [verfasserIn] Lazarou, Nicholas-Joseph [verfasserIn] Sakkas, Stylianos [verfasserIn] Salotti, Simone [verfasserIn]

Format:	E-Artikel
Sprache:	Englisch

Erschienen:	2024

Schlagwörter:	general equilibrium recovery fund regional disparities regional growth

Übergeordnetes Werk:	Enthalten in: Regional studies - London [u.a.] : Taylor & Francis, 1967, 58(2024), 2, Seite 336-349
Übergeordnetes Werk:	volume:58 ; year:2024 ; number:2 ; pages:336-349

Links:	Link aufrufen Link aufrufen

DOI / URN:	10.1080/00343404.2022.2123467

Katalog-ID:	1879396998

Internformat


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982			\|2 26 \|1 00 \|x DE-206 \|b We use a spatial general equilibrium model to assess the macroeconomic and distributional impact of the European Commission’s Recovery and Resilience Facility (RRF). We employ two alternative regional distributions of investments: one based on the regional share of population only, and the other based on Cohesion Policy criteria. Our results suggest that the disbursement of RRF grants would lead to an increase in the European Union’s gross domestic product (GDP) of approximately 0.85% in 2026, corresponding to a present value GDP multiplier of 1.22. The latter rises to 3.25 in the long run. Under the population criterion, GDP impacts are higher relative to the Cohesion criterion, at the detriment of territorial cohesion.

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allfields	10.1080/00343404.2022.2123467 doi (DE-627)1879396998 (DE-599)KXP1879396998 DE-627 ger DE-627 rda eng Barbero, Javier 1988- verfasserin (DE-588)1137627344 (DE-627)894985183 (DE-576)49166480X aut The impact of the recovery fund on EU regions a spatial general equilibrium analysis Javier Barbero, Andrea Conte, Francesca Crucitti, Nicholas-Joseph Lazarou, Stylianos Sakkas and Simone Salotti 2024 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier general equilibrium (dpeaa)DE-206 recovery fund (dpeaa)DE-206 regional disparities (dpeaa)DE-206 regional growth (dpeaa)DE-206 Conte, Andrea verfasserin (DE-588)1277326142 (DE-627)183046230X aut Crucitti, Francesca verfasserin aut Lazarou, Nicholas-Joseph verfasserin aut Sakkas, Stylianos verfasserin aut Salotti, Simone verfasserin aut Enthalten in Regional studies London [u.a.] : Taylor & Francis, 1967 58(2024), 2, Seite 336-349 Online-Ressource (DE-627)315676264 (DE-600)2001685-2 (DE-576)090954599 1360-0591 nnns volume:58 year:2024 number:2 pages:336-349 https://www.tandfonline.com/doi/pdf/10.1080/00343404.2022.2123467 Verlag lizenzpflichtig https://doi.org/10.1080/00343404.2022.2123467 Resolving-System lizenzpflichtig GBV_USEFLAG_U GBV_ILN_26 ISIL_DE-206 SYSFLAG_1 GBV_KXP GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_31 GBV_ILN_60 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_100 GBV_ILN_110 GBV_ILN_151 GBV_ILN_224 GBV_ILN_285 GBV_ILN_370 GBV_ILN_647 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2005 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2009 GBV_ILN_2010 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2027 GBV_ILN_2034 GBV_ILN_2048 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2057 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2088 GBV_ILN_2093 GBV_ILN_2106 GBV_ILN_2108 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2118 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2190 GBV_ILN_2232 GBV_ILN_2336 GBV_ILN_2470 GBV_ILN_2472 GBV_ILN_2507 GBV_ILN_2548 GBV_ILN_4012 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4046 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4246 GBV_ILN_4249 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4326 GBV_ILN_4335 GBV_ILN_4393 GBV_ILN_4700 AR 58 2024 2 336-349 26 01 0206 4471844563 x1z 29-01-24 26 00 DE-206 We use a spatial general equilibrium model to assess the macroeconomic and distributional impact of the European Commission’s Recovery and Resilience Facility (RRF). We employ two alternative regional distributions of investments: one based on the regional share of population only, and the other based on Cohesion Policy criteria. Our results suggest that the disbursement of RRF grants would lead to an increase in the European Union’s gross domestic product (GDP) of approximately 0.85% in 2026, corresponding to a present value GDP multiplier of 1.22. The latter rises to 3.25 in the long run. Under the population criterion, GDP impacts are higher relative to the Cohesion criterion, at the detriment of territorial cohesion.
spelling	10.1080/00343404.2022.2123467 doi (DE-627)1879396998 (DE-599)KXP1879396998 DE-627 ger DE-627 rda eng Barbero, Javier 1988- verfasserin (DE-588)1137627344 (DE-627)894985183 (DE-576)49166480X aut The impact of the recovery fund on EU regions a spatial general equilibrium analysis Javier Barbero, Andrea Conte, Francesca Crucitti, Nicholas-Joseph Lazarou, Stylianos Sakkas and Simone Salotti 2024 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier general equilibrium (dpeaa)DE-206 recovery fund (dpeaa)DE-206 regional disparities (dpeaa)DE-206 regional growth (dpeaa)DE-206 Conte, Andrea verfasserin (DE-588)1277326142 (DE-627)183046230X aut Crucitti, Francesca verfasserin aut Lazarou, Nicholas-Joseph verfasserin aut Sakkas, Stylianos verfasserin aut Salotti, Simone verfasserin aut Enthalten in Regional studies London [u.a.] : Taylor & Francis, 1967 58(2024), 2, Seite 336-349 Online-Ressource (DE-627)315676264 (DE-600)2001685-2 (DE-576)090954599 1360-0591 nnns volume:58 year:2024 number:2 pages:336-349 https://www.tandfonline.com/doi/pdf/10.1080/00343404.2022.2123467 Verlag lizenzpflichtig https://doi.org/10.1080/00343404.2022.2123467 Resolving-System lizenzpflichtig GBV_USEFLAG_U GBV_ILN_26 ISIL_DE-206 SYSFLAG_1 GBV_KXP GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_31 GBV_ILN_60 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_100 GBV_ILN_110 GBV_ILN_151 GBV_ILN_224 GBV_ILN_285 GBV_ILN_370 GBV_ILN_647 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2005 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2009 GBV_ILN_2010 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2027 GBV_ILN_2034 GBV_ILN_2048 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2057 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2088 GBV_ILN_2093 GBV_ILN_2106 GBV_ILN_2108 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2118 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2190 GBV_ILN_2232 GBV_ILN_2336 GBV_ILN_2470 GBV_ILN_2472 GBV_ILN_2507 GBV_ILN_2548 GBV_ILN_4012 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4046 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4246 GBV_ILN_4249 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4326 GBV_ILN_4335 GBV_ILN_4393 GBV_ILN_4700 AR 58 2024 2 336-349 26 01 0206 4471844563 x1z 29-01-24 26 00 DE-206 We use a spatial general equilibrium model to assess the macroeconomic and distributional impact of the European Commission’s Recovery and Resilience Facility (RRF). We employ two alternative regional distributions of investments: one based on the regional share of population only, and the other based on Cohesion Policy criteria. Our results suggest that the disbursement of RRF grants would lead to an increase in the European Union’s gross domestic product (GDP) of approximately 0.85% in 2026, corresponding to a present value GDP multiplier of 1.22. The latter rises to 3.25 in the long run. Under the population criterion, GDP impacts are higher relative to the Cohesion criterion, at the detriment of territorial cohesion.
allfields_unstemmed	10.1080/00343404.2022.2123467 doi (DE-627)1879396998 (DE-599)KXP1879396998 DE-627 ger DE-627 rda eng Barbero, Javier 1988- verfasserin (DE-588)1137627344 (DE-627)894985183 (DE-576)49166480X aut The impact of the recovery fund on EU regions a spatial general equilibrium analysis Javier Barbero, Andrea Conte, Francesca Crucitti, Nicholas-Joseph Lazarou, Stylianos Sakkas and Simone Salotti 2024 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier general equilibrium (dpeaa)DE-206 recovery fund (dpeaa)DE-206 regional disparities (dpeaa)DE-206 regional growth (dpeaa)DE-206 Conte, Andrea verfasserin (DE-588)1277326142 (DE-627)183046230X aut Crucitti, Francesca verfasserin aut Lazarou, Nicholas-Joseph verfasserin aut Sakkas, Stylianos verfasserin aut Salotti, Simone verfasserin aut Enthalten in Regional studies London [u.a.] : Taylor & Francis, 1967 58(2024), 2, Seite 336-349 Online-Ressource (DE-627)315676264 (DE-600)2001685-2 (DE-576)090954599 1360-0591 nnns volume:58 year:2024 number:2 pages:336-349 https://www.tandfonline.com/doi/pdf/10.1080/00343404.2022.2123467 Verlag lizenzpflichtig https://doi.org/10.1080/00343404.2022.2123467 Resolving-System lizenzpflichtig GBV_USEFLAG_U GBV_ILN_26 ISIL_DE-206 SYSFLAG_1 GBV_KXP GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_31 GBV_ILN_60 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_100 GBV_ILN_110 GBV_ILN_151 GBV_ILN_224 GBV_ILN_285 GBV_ILN_370 GBV_ILN_647 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2005 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2009 GBV_ILN_2010 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2027 GBV_ILN_2034 GBV_ILN_2048 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2057 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2088 GBV_ILN_2093 GBV_ILN_2106 GBV_ILN_2108 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2118 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2190 GBV_ILN_2232 GBV_ILN_2336 GBV_ILN_2470 GBV_ILN_2472 GBV_ILN_2507 GBV_ILN_2548 GBV_ILN_4012 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4046 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4246 GBV_ILN_4249 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4326 GBV_ILN_4335 GBV_ILN_4393 GBV_ILN_4700 AR 58 2024 2 336-349 26 01 0206 4471844563 x1z 29-01-24 26 00 DE-206 We use a spatial general equilibrium model to assess the macroeconomic and distributional impact of the European Commission’s Recovery and Resilience Facility (RRF). We employ two alternative regional distributions of investments: one based on the regional share of population only, and the other based on Cohesion Policy criteria. Our results suggest that the disbursement of RRF grants would lead to an increase in the European Union’s gross domestic product (GDP) of approximately 0.85% in 2026, corresponding to a present value GDP multiplier of 1.22. The latter rises to 3.25 in the long run. Under the population criterion, GDP impacts are higher relative to the Cohesion criterion, at the detriment of territorial cohesion.
allfieldsGer	10.1080/00343404.2022.2123467 doi (DE-627)1879396998 (DE-599)KXP1879396998 DE-627 ger DE-627 rda eng Barbero, Javier 1988- verfasserin (DE-588)1137627344 (DE-627)894985183 (DE-576)49166480X aut The impact of the recovery fund on EU regions a spatial general equilibrium analysis Javier Barbero, Andrea Conte, Francesca Crucitti, Nicholas-Joseph Lazarou, Stylianos Sakkas and Simone Salotti 2024 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier general equilibrium (dpeaa)DE-206 recovery fund (dpeaa)DE-206 regional disparities (dpeaa)DE-206 regional growth (dpeaa)DE-206 Conte, Andrea verfasserin (DE-588)1277326142 (DE-627)183046230X aut Crucitti, Francesca verfasserin aut Lazarou, Nicholas-Joseph verfasserin aut Sakkas, Stylianos verfasserin aut Salotti, Simone verfasserin aut Enthalten in Regional studies London [u.a.] : Taylor & Francis, 1967 58(2024), 2, Seite 336-349 Online-Ressource (DE-627)315676264 (DE-600)2001685-2 (DE-576)090954599 1360-0591 nnns volume:58 year:2024 number:2 pages:336-349 https://www.tandfonline.com/doi/pdf/10.1080/00343404.2022.2123467 Verlag lizenzpflichtig https://doi.org/10.1080/00343404.2022.2123467 Resolving-System lizenzpflichtig GBV_USEFLAG_U GBV_ILN_26 ISIL_DE-206 SYSFLAG_1 GBV_KXP GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_31 GBV_ILN_60 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_100 GBV_ILN_110 GBV_ILN_151 GBV_ILN_224 GBV_ILN_285 GBV_ILN_370 GBV_ILN_647 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2005 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2009 GBV_ILN_2010 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2027 GBV_ILN_2034 GBV_ILN_2048 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2057 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2088 GBV_ILN_2093 GBV_ILN_2106 GBV_ILN_2108 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2118 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2190 GBV_ILN_2232 GBV_ILN_2336 GBV_ILN_2470 GBV_ILN_2472 GBV_ILN_2507 GBV_ILN_2548 GBV_ILN_4012 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4046 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4246 GBV_ILN_4249 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4326 GBV_ILN_4335 GBV_ILN_4393 GBV_ILN_4700 AR 58 2024 2 336-349 26 01 0206 4471844563 x1z 29-01-24 26 00 DE-206 We use a spatial general equilibrium model to assess the macroeconomic and distributional impact of the European Commission’s Recovery and Resilience Facility (RRF). We employ two alternative regional distributions of investments: one based on the regional share of population only, and the other based on Cohesion Policy criteria. Our results suggest that the disbursement of RRF grants would lead to an increase in the European Union’s gross domestic product (GDP) of approximately 0.85% in 2026, corresponding to a present value GDP multiplier of 1.22. The latter rises to 3.25 in the long run. Under the population criterion, GDP impacts are higher relative to the Cohesion criterion, at the detriment of territorial cohesion.
allfieldsSound	10.1080/00343404.2022.2123467 doi (DE-627)1879396998 (DE-599)KXP1879396998 DE-627 ger DE-627 rda eng Barbero, Javier 1988- verfasserin (DE-588)1137627344 (DE-627)894985183 (DE-576)49166480X aut The impact of the recovery fund on EU regions a spatial general equilibrium analysis Javier Barbero, Andrea Conte, Francesca Crucitti, Nicholas-Joseph Lazarou, Stylianos Sakkas and Simone Salotti 2024 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier general equilibrium (dpeaa)DE-206 recovery fund (dpeaa)DE-206 regional disparities (dpeaa)DE-206 regional growth (dpeaa)DE-206 Conte, Andrea verfasserin (DE-588)1277326142 (DE-627)183046230X aut Crucitti, Francesca verfasserin aut Lazarou, Nicholas-Joseph verfasserin aut Sakkas, Stylianos verfasserin aut Salotti, Simone verfasserin aut Enthalten in Regional studies London [u.a.] : Taylor & Francis, 1967 58(2024), 2, Seite 336-349 Online-Ressource (DE-627)315676264 (DE-600)2001685-2 (DE-576)090954599 1360-0591 nnns volume:58 year:2024 number:2 pages:336-349 https://www.tandfonline.com/doi/pdf/10.1080/00343404.2022.2123467 Verlag lizenzpflichtig https://doi.org/10.1080/00343404.2022.2123467 Resolving-System lizenzpflichtig GBV_USEFLAG_U GBV_ILN_26 ISIL_DE-206 SYSFLAG_1 GBV_KXP GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_31 GBV_ILN_60 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_100 GBV_ILN_110 GBV_ILN_151 GBV_ILN_224 GBV_ILN_285 GBV_ILN_370 GBV_ILN_647 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2005 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2009 GBV_ILN_2010 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2027 GBV_ILN_2034 GBV_ILN_2048 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2057 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2088 GBV_ILN_2093 GBV_ILN_2106 GBV_ILN_2108 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2118 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2190 GBV_ILN_2232 GBV_ILN_2336 GBV_ILN_2470 GBV_ILN_2472 GBV_ILN_2507 GBV_ILN_2548 GBV_ILN_4012 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4046 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4246 GBV_ILN_4249 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4326 GBV_ILN_4335 GBV_ILN_4393 GBV_ILN_4700 AR 58 2024 2 336-349 26 01 0206 4471844563 x1z 29-01-24 26 00 DE-206 We use a spatial general equilibrium model to assess the macroeconomic and distributional impact of the European Commission’s Recovery and Resilience Facility (RRF). We employ two alternative regional distributions of investments: one based on the regional share of population only, and the other based on Cohesion Policy criteria. Our results suggest that the disbursement of RRF grants would lead to an increase in the European Union’s gross domestic product (GDP) of approximately 0.85% in 2026, corresponding to a present value GDP multiplier of 1.22. The latter rises to 3.25 in the long run. Under the population criterion, GDP impacts are higher relative to the Cohesion criterion, at the detriment of territorial cohesion.
language	English
source	Enthalten in Regional studies 58(2024), 2, Seite 336-349 volume:58 year:2024 number:2 pages:336-349
sourceStr	Enthalten in Regional studies 58(2024), 2, Seite 336-349 volume:58 year:2024 number:2 pages:336-349
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institution	findex.gbv.de
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topic_facet	general equilibrium recovery fund regional disparities regional growth
sw_local_iln_str_mv	26: DE-206:
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container_title	Regional studies
authorswithroles_txt_mv	Barbero, Javier @@aut@@ Conte, Andrea @@aut@@ Crucitti, Francesca @@aut@@ Lazarou, Nicholas-Joseph @@aut@@ Sakkas, Stylianos @@aut@@ Salotti, Simone @@aut@@
publishDateDaySort_date	2024-01-01T00:00:00Z
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" ind2=" "><subfield code="2">26</subfield><subfield code="1">00</subfield><subfield code="x">DE-206</subfield><subfield code="b">We use a spatial general equilibrium model to assess the macroeconomic and distributional impact of the European Commission’s Recovery and Resilience Facility (RRF). 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author	Barbero, Javier 1988-
spellingShingle	Barbero, Javier 1988- misc general equilibrium misc recovery fund misc regional disparities misc regional growth The impact of the recovery fund on EU regions a spatial general equilibrium analysis
authorStr	Barbero, Javier 1988-
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topic_title	26 00 DE-206 We use a spatial general equilibrium model to assess the macroeconomic and distributional impact of the European Commission’s Recovery and Resilience Facility (RRF). We employ two alternative regional distributions of investments: one based on the regional share of population only, and the other based on Cohesion Policy criteria. Our results suggest that the disbursement of RRF grants would lead to an increase in the European Union’s gross domestic product (GDP) of approximately 0.85% in 2026, corresponding to a present value GDP multiplier of 1.22. The latter rises to 3.25 in the long run. Under the population criterion, GDP impacts are higher relative to the Cohesion criterion, at the detriment of territorial cohesion The impact of the recovery fund on EU regions a spatial general equilibrium analysis Javier Barbero, Andrea Conte, Francesca Crucitti, Nicholas-Joseph Lazarou, Stylianos Sakkas and Simone Salotti general equilibrium (dpeaa)DE-206 recovery fund (dpeaa)DE-206 regional disparities (dpeaa)DE-206 regional growth (dpeaa)DE-206
topic	misc general equilibrium misc recovery fund misc regional disparities misc regional growth
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title_full	The impact of the recovery fund on EU regions a spatial general equilibrium analysis Javier Barbero, Andrea Conte, Francesca Crucitti, Nicholas-Joseph Lazarou, Stylianos Sakkas and Simone Salotti
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title_sort	impact of the recovery fund on eu regionsa spatial general equilibrium analysis
title_auth	The impact of the recovery fund on EU regions a spatial general equilibrium analysis
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title_short	The impact of the recovery fund on EU regions
url	https://www.tandfonline.com/doi/pdf/10.1080/00343404.2022.2123467 https://doi.org/10.1080/00343404.2022.2123467
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We employ two alternative regional distributions of investments: one based on the regional share of population only, and the other based on Cohesion Policy criteria. Our results suggest that the disbursement of RRF grants would lead to an increase in the European Union’s gross domestic product (GDP) of approximately 0.85% in 2026, corresponding to a present value GDP multiplier of 1.22. The latter rises to 3.25 in the long run. Under the population criterion, GDP impacts are higher relative to the Cohesion criterion, at the detriment of territorial cohesion.</subfield></datafield></record></collection>
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The impact of the recovery fund on EU regions : a spatial general equilibrium analysis

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