Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/142476
Authors: 
Kancs, d’Artis
Year of Publication: 
2001
Series/Report no.: 
EERI Research Paper Series 01/2001
Abstract: 
Although the Computable General Equilibrium (CGE) model is not a new tool for analysing policy impacts, it has not gained a wide popularity in regional applications such as rural economies yet. This study demonstrates how a regional CGE model can be applied for analysing regional impacts of changing global economic conditions as well as for assessing inter-regional and inter-sectoral implications of policy changes with even limited computational resources and lacking a full range of regional economic data required by a formal CGE analysis. In the empirical analysis we have found that rural economies in the Central and Eastern European (CEE) accession countries may expect the largest welfare gains from integration into the European Union (EU) if the EU Structural Fund and CAP support measures are implemented immediately but markets are opened gradually to foreign competition.
Subjects: 
CGE
EU
regional economies
economic integration
JEL: 
D51
R12
R13
R23
Document Type: 
Working Paper

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