The Joint Research Centre provides analysis of the effects of trade and industrial policies to support policymakers in their work.
The ‘Analysis and Modelling of Trade and Industrial EU Policies’ (AMADEUS) project uses input-output economics as its main toolbox. The information it provides allows policymakers to take informed decisions that benefit both the EU and its trading partners, contributing to a more equitable and prosperous global economy.
Trade and industrial policies have a significant impact on the economic landscape of countries and regions, both within and outside the EU borders.
Understanding their effects is crucial to identify the best strategies for fostering economic growth, job creation, and sustainable development in a single market context. With this analysis, European countries can gain insights for increasing their competitiveness in the global market, and ensuring their industries remain viable and resilient while fostering cooperation.
This project addresses various issues related to the European Commission's priorities, including
- globalisation
- decarbonisation
- competitiveness
- trade vulnerabilities
- dependencies
- international income distribution
- environmental responsibilities
- resilience
- green and digital transitions
Our team
The AMADEUS team consists mainly of economists with renowned expertise in national accounts; the compilation of supply and use tables, and input-output tables; the use of input-output analysis and the use of econometric (input-output) multi-sectoral and multi-country general equilibrium models.
The team applies the principles of input-output economics as a toolbox in its research activities, used to investigate the economic, social and environmental impacts of EU trade and industrial policies. The work of the team is highly recognised in academia (International Input-Output Association and Hispanic-American Input-Output Society) as well as in international organisations such as the OECD, IMF, UN-ECLAC, Asian Development Bank, World Trade Organisation, UNECE (United Nations Economic Commission for Europe) and UN-ECA (United Nations Economic Commission for Africa).