The present paper analyses sectoral impacts of the CEE integration with EU. Adopting a par-tial equilibrium model we explicitly model the agricultural sector in CEE. The underlying par-tial equilibrium model is based on the duality theory. The model captures all key CAP instru-ments, such as...

Since the beginning of the transition process from centrally planed to market economies, East European countries have experienced relatively high inflation and a market depreciation of their currency. Their monetary systems have gone through dramatic changes in the recent ten years, making the...