A long - term macroeconomic equilibrium model for the European Community

Rogner, Hans - Holger

1982

005.7
R735

This report presents a version of MACRO calibrated for the European Community - EC, focusing on model structure, model validation and testing, and four applications to the EC region over a fifty-year planning period. The applications, based on a range of energy supply scenarios, examine such economic questions as the impact of rising energy costs on economic activity, the feasibility of common assumptions about price - induced conservation, and the impact of continued high levels of energy imports on the trade balance...

MACRO; ENERGIA; PLANIFICACION; PROGRAMAS PARA COMPUTADOR;