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Data Needs for Regional Modelling: A Description of the Data used in Support of RHOMOLO

Data Needs for Regional Modelling: A Description of the Data used in Support of RHOMOLO
©EU
Abstract: 
RHOMOLO is a Computable General Equilibrium (CGE) model aimed at investigating the impact of policy instruments developed according to the objectives of Cohesion Policy. In doing so, this model attempts to cover a broader set of economic variables mostly related to an economic geography setting while aiming at a complete regional and sectoral coverage for the EU 27 – by means of a dataset covering 267 EU NUTS2 regions with 6 NACE Rev. 1.1 sectors. This working paper aims at describing the data used in the EU27 RHOMOLO Model.