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Computable General Equilibrium Models For The Central And Eastern European Eu Member States: A Survey

Author

Listed:
  • Mohora, Maria C.

    (EcoMod and Free University of Brussels, DULBEA, Brussels, Belgium, The Academy of Economic Studies, Faculty of Finance, Bucharest, Romania)

  • Bayar, Ali

    (EcoMod and Free University of Brussels, DULBEA, Brussels, Belgium)

Abstract

The accession of twelve Central and Eastern European countries (CEEC) to the European Union (in 2004 and 2007) has given rise to new challenges in evaluating the effects of integration, for both the old and the new member states. These issues can only be addressed in a consistent, economy-wide framework, given that the institutional and economic changes implied by the membership process produce numerous, dynamic and complex interactions between the economic agents and sectors. Applied general equilibrium offers such a framework. This paper reviews the existing computable general equilibrium (CGE) models for the Central and Eastern European EU member states.

Suggested Citation

  • Mohora, Maria C. & Bayar, Ali, 2007. "Computable General Equilibrium Models For The Central And Eastern European Eu Member States: A Survey," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 4(1), pages 26-44, March.
    • Handle: RePEc:rjr:romjef:v:4:y:2007:i:1:p:26-44
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    References listed on IDEAS

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    More about this item

    Keywords

    General equilibrium; EU; CEEC; integration;
    All these keywords.

    JEL classification:

    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
    • D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
    • F15 - International Economics - - Trade - - - Economic Integration

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