Arbeitspapier
The third pillar of the Investment Plan for Europe: An impact assessment using the RHOMOLO model
We evaluate the macroeconomic impact of the legislative proposals contained in the third pillar of the Investment Plan for Europe using the RHOMOLO modelling framework. In particular, we study a number of proposals related to the Capital Markets Union, the Single Market Strategy, the Digital Single Market, and the Energy Union. The likely economic effects of the removal of cross-country barriers to investment related to these four initiatives are positive and quantified to be on average equal to an increase of 1.5% of EU GDP by 2030. Such an impact would also entail the creation of about 1 million jobs.
- Language
-
Englisch
- Bibliographic citation
-
Series: JRC Working Papers on Territorial Modelling and Analysis ; No. 02/2018
- Classification
-
Wirtschaft
Quantitative Policy Modeling
Computable General Equilibrium Models
Fiscal Policy
- Subject
-
rhomolo
region
growth
investment plan for europe
third pillar
capital markets union
single market strategy
energy union
digital single market
modelling
- Event
-
Geistige Schöpfung
- (who)
-
Christensen, Martin
Conte, Andrea
Di Pietro, Filippo
Lecca, Patrizio
Mandras, Giovanni
Salotti, Simone
- Event
-
Veröffentlichung
- (who)
-
European Commission, Joint Research Centre (JRC)
- (where)
-
Seville
- (when)
-
2018
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Christensen, Martin
- Conte, Andrea
- Di Pietro, Filippo
- Lecca, Patrizio
- Mandras, Giovanni
- Salotti, Simone
- European Commission, Joint Research Centre (JRC)
Time of origin
- 2018
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The third pillar in Europe: institutional factors and individual decisions
Europe's environment : the third assessment
The pillar of salt
Construction industry an important pillar of the economy: Investment assistance taking effect
The Two-pillar policy for the RMB
Multilateral investment insurance and private investment in the Third World
Greening the CAP : The future of the first pillar
Greening the CAP: The future of the first pillar
The pillar of the state. A jat cultivator
III: Zeus und the Sky-Pillar
THE TCHERNBERLE TASH, OR BURNT PILLAR.
Third pillar of the pension system in Poland
The third pillar in Europe: institutional factors and individual decisions
Europe's environment : the third assessment
The pillar of salt
Construction industry an important pillar of the economy: Investment assistance taking effect
The Two-pillar policy for the RMB
Multilateral investment insurance and private investment in the Third World
Greening the CAP : The future of the first pillar
Greening the CAP: The future of the first pillar
The pillar of the state. A jat cultivator
III: Zeus und the Sky-Pillar