COMPUTABLE GENERAL EQUILIBRIUM MODELS FOR THE CENTRAL AND EASTERN EUROPEAN EU MEMBER STATES: A SURVEY
Maria C. Mohora () and
Ali Bayar
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Maria C. Mohora: EcoMod and Free University of Brussels, DULBEA, Brussels, Belgium, The Academy of Economic Studies, Faculty of Finance, Bucharest, Romania
Ali Bayar: EcoMod and Free University of Brussels, DULBEA, Brussels, Belgium
Journal for Economic Forecasting, 2007, vol. 4, issue 1, 26-44
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.
Keywords: General equilibrium; EU; CEEC; integration (search for similar items in EconPapers)
JEL-codes: C68 D58 F15 (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:rjr:romjef:v:4:y:2007:i:1:p:26-44
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