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GTAP Resource #2365

"International spillovers of domestic reforms: The joint application of the Lisbon Strategy in the EU "
by Lejour, Arjan and Hugo Rojas-Romagosa

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.

Resource Details (Export Citation) GTAP Keywords
Category: 2007 Conference Paper
Status: Published
By/In: CPB Discussion Paper 105, The Hague>
Date: 2008
Version: May 2008
Created: Rojas-Romagosa, H. (4/14/2007)
Updated: Lejour, A. (9/3/2008)
Visits: 2,651
- Domestic policy analysis
- Technological change
- European Union

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