Type of practice:
The models PRIMES, NEMESIS and ASTRA as well as the Computable General Equilibrium (CGE) Model are used for the purpose of the Impact Assessment on specific provisions for the support from the European Regional Development Fund to the European territorial cooperation goal. The corresponding IA Report (http://ec.europa.eu/governance/impact/ia_carried_out/docs/ia_2011/sec_2011_1138_en.pdf) gives an account of this application.
The CGE model is a widely used tool in the analysis of policy options when different scenarios are to be simulated and compared to a baseline scenario. It covers global world trade and production, it allows for scale economies and imperfect competition, it includes intermediate linkages between sectors, and it allows for trade to impact on capital stocks through investment effects.