RT info:eu-repo/semantics/article
T1 The 2019 assessment of the macroeconomic effects of the European Fund for Strategic Investments with the RHOMOLO-EIB model
T2 Evaluación de 2019 de los efectos macroeconómicos del Fondo Europeo para Inversiones Estratégicas con el modelo RHOMOLO-EIB
A1 Christensen, Martin
A1 Weiers, Georg
A1 Wolski, Marcin
K1 Spatial general equilibrium
K1 Fiscal policy
K1 Investment
K1 Equilibrio general espacial
K1 Política fiscal
K1 Inversion
K1 Economía
K1 Economics
K1 Geografía
K1 Geography
K1 Sociología
K1 Sociology
AB The European Fund for Strategic Investments (EFSI) is the financial pillar of the Investment Plan for Europe. It tackles the post-crisis investment gap in the European Union (EU) and aims to revive investment in key areas in all the EU Member States. EFSI was launched in 2015 jointly by the European Investment Bank (EIB) Group and the European Commission. Every year, macroeconomic impact assessments are carried out using the spatial dynamic RHOMOLO-EIB model in order to gauge jobs and growth impact of the EFSI-supported operations in the EU. This article illustrates the methodology used for the assessment and reports the result of the latest set of simulations, corresponding to the portfolio of all approved EFSI-supported operations as of the June 13th EIB Board of Directors meeting, 2019. According to the results, EFSI is contributing significantly to job creation and growth. The estimates suggest that, by 2019, more than 1 million jobs are expected to be created thanks to the approved operations (1.7 million by 2022), with a positive contribution to GDP of 0.9% (1.8% expected by 2022) over the baseline.
PB Asociación Española de Ciencia Regional (AECR)
SN 2340-2717
YR 2019
FD 2019
LK http://hdl.handle.net/10017/40648
UL http://hdl.handle.net/10017/40648
LA eng
DS MINDS@UW
RD 19-abr-2024