Title: Computable General Equilibrium Models for Socialist Economies
Abstract: During the past decade, multisectoral computable general equilibrium (CGE) models have been widely used in developing countries to analyse issues as income distribution and structural adjustment. These models simulate the workings of a market economy, but a suitable adapted CGE model can provide a good framework for policy analysis in a post-reform socialist economy. CGE models have been developed for tvro Eastern European countries Hungary and Yugoslavia to analyze issues of structural adjustment. In this paper, we describe the basic features of the Hungarian and Yugoslav CGE models, identifying the important similarities and differences between them. We focus the discussion more on the Hungarian model, and also present some results of simulation of it.
Publication Year: 1986
Publication Date: 1986-06-01
Language: en
Type: article
Indexed In: ['crossref']
Access and Citation
Cited By Count: 4
AI Researcher Chatbot
Get quick answers to your questions about the article from our AI researcher chatbot