Analysing Economic Systems Using Computable General Equilibrium Models: The Example of Croatia

Irma Adelman and Jasminka Sohinger
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Jasminka Sohinger: Faculty of Economics in Zagreb

Zagreb International Review of Economics and Business, 2000, vol. 3, issue 2, 63-79

Abstract: Computable General Equilibrium models represent a state-of-the-art multisectoral tool for policy analysis in mixed economies. Simulations of the model provide insight into the quantitative structural effects of economic policies, taking into account interactions throughout the economy in a consistent way. The aim of this paper is to illustrate the use of CGE model in the case of the Croatian economy before the country became independent in 1991.

Keywords: General equilibrium; simulations; structural adjustment; economic policy (search for similar items in EconPapers)
JEL-codes: B21 D58 (search for similar items in EconPapers)
Date: 2000
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