Presentation of the study “The impact of Next Generation funds on the Catalan economy based on the QUEST-CT simulation model”

The study raises several scenarios using an economic policy simulation tool developed by the European Commission, the QUEST-CT model adapted to the Catalan economy, which allows to estimate the impact of additional investments on GDP in aggregate terms, as well. as the effect on its components.

It is estimated that the level of resources that Catalonia would receive for the period 2021-2026 would be between 9,098 million euros (14%) and 12,347 million euros (19%), at 2019 prices. This boost would mean a greater demand for skilled workers and a greater innovative activity of companies, which would increase real wages from 2024, to be around 0.7% above the value of the reference scenario. In terms of employment, the effect is concentrated during the three years with the highest endowment of public investment (2022-2024), with additional percentages of between 0.4% and 0.6%. During this period, almost 60,000 jobs would be created.

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