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Scrieciu, Silviu Serban; Blake, Adam. |
Applied general equilibrium modelling represents a powerful tool for assessing future likely economic changes due to upcoming or hypothesised policy shocks such as those brought about by EU enlargement. It entails the main advantage of considering the complex simultaneous linkages, interactions and feedback effects between various sectors, institutions and factor resources within an economy, as well as the inter- and intra-industry trade links with other economies across the globe. This technical paper develops a general equilibrium model applied to Romania (GEMAR) with an emphasis on the agricultural and food processing activities. A simple simulation example is then given for illustrative purposes. More extensive use of GEMAR will be made in other... |
Tipo: Working or Discussion Paper |
Palavras-chave: Applied General Equilibrium Modelling; Romania; Agriculture; D58; O520; Research Methods/ Statistical Methods. |
Ano: 2005 |
URL: http://purl.umn.edu/30585 |