Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/227681 
Year of Publication: 
2020
Series/Report no.: 
JRC Working Papers on Territorial Modelling and Analysis No. 01/2020
Publisher: 
European Commission, Joint Research Centre (JRC), Seville
Abstract: 
We make the case for a technology-enabled approach to Smart Specialisation policy making in order to foster its effectiveness by proposing a novel type of economic impact assessment. We use the RHOMOLO model to gauge empirically the general equilibrium effects implied by the Smart Specialisation logic of intervention as foreseen by the policy makers designing and implementing the European Cohesion policy. More specifically, we simulate the macroeconomic effects of achieving the R&D personnel targets planned by a set of Southern European regions. We discuss the implications of the proposed methodology for future assessments of Smart Specialisation.
Subjects: 
Smart Specialisation
ex-ante policy impact assessment
CGE models
RHOMOLO
Cohesion policy
JEL: 
C68
O38
R13
R58
Document Type: 
Working Paper

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