ABSTRACT
This paper introduces and applies a model system that is suitable for the impact assessment of Blue Economy innova-tions. Our contribution to the literature is threefold. First, we build a multi-sector computable general equilibrium (CGE) model, which provides the theoretical frame for studying the economic impacts of using waste as a production input. Second, we create an empirical methodology through which new technologies of Blue Economy can be concretely ac-counted for in regional input-output tables. Since Blue Economy innovations are largely built on local inputs, their ef-fects are primarily local. Given that interregional spillovers of local impacts might also be significant, through interre-gional trade or migration, we applied a modelling approach that is able to follow complex spatial processes. The broader model framework chosen is the GMR-Europe model
