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GTAP Resource #2365 |
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"International spillovers of domestic reforms: The joint application of the Lisbon Strategy in the EU " by Lejour, Arjan and Hugo Rojas-Romagosa Abstract Using the CGE model WorldScan, we assess the benefits for the EU member states of jointly reaching four of the Lisbon targets (i.e. 70% employment, skills upgrades, increased R&D expenditures and administrative burden reductions), compared with the alternative when each country unilaterally pursues these reforms. With this approach we estimate the associated international spillovers of joint EU coordination. Spillovers associated with R&D expenditures are a key factor. When the R&D target is jointly reached in the EU, output almost doubles and consumption experiments an even greater increase. The other three targets also produce positive spillovers, but of a much lower magnitude. |
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- Domestic policy analysis - Technological change - European Union |
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Public Access GTAP Resource 2365 (267.9 KB) Replicated: 0 time(s) Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 9/15/2023 1:05:45 PM