THE ROMANIAN GROWTH POTENTIAL – A CGE ANALYSIS

The purpose of this paper is to present a Romanian CGE model and to test it in drafting a macroeconomic scenario towards 2010. The authors review the main assumptions underlying the CGE model. They calibrate the model, using data from National Accounts for the year 2002. They find that the official macroeconomic commitments, in terms of economic growth, fiscal deficits, external balance, are achievable.

MoreLess

Year of publication:	2003
Authors:	Croitoru, Lucian ; Tarhoaca, Cornel
Published in:	Journal for Economic Forecasting. - Institutul de Prognoza Economica. - 2003, 4, p. 7-22
Publisher:	Institutul de Prognoza Economica
Subject:	CGE models \| forecasting \| economic growth

More details

Type of publication:	Article
Classification:	C51 - Model Construction and Estimation ; C53 - Forecasting and Other Model Applications ; E23 - Production ; E37 - Forecasting and Simulation
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005772654