The Shape of Things to Come: Ex-Ante Assessment of the Economic Impact of Horizon Europe

Abstract

T his paper provides an ex-ante assessment of the expected economic impact of the post-2020 EU Research and Innovation Framework Programme, Horizon Europe. A key novelty in the approach is the use of three different macroeconomic models for the assessment of the continuation of the current Programme, Horizon 2020: NEMESIS, QUEST and RHOMOLO. In addition, NEMESIS is used to assess different batches of policy options related to the budget, management and design of Horizon Europe. The paper also highlights key aspects and assumptions that policy-makers and researchers need to consider for this type of analysis such as budget allocation, performance, leverage and financing modes.

The interplay among COVID-19 economic recovery, behavioural changes, and the European Green Deal: An energy-economic modelling perspective

“…), sector-specific dynamics (capital cost, labour and materials productivity, inter-industrial exchanges, etc.) and major structural policies such as fiscal, climate and/or energy policy [ 62 ]. On the supply side, the model is represented by nested constant elasticity of substitution production functions, while inter-sectoral exchanges are captured by conversion matrices.…”