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Multiregional Computational General Equilibrium and Spatial Interaction Trade Modelling: An Empirical Example

  • Martin Schneider
  • Manfred M. Fischer
Part of the Advances in Spatial Science book series (ADVSPATIAL)

Abstract

The aim of this chapter is to examine the new patterns and volumes of trade flows between Austria and the growing economies of Central and Eastern Europe. The modelling approach is sequential in nature and relies on two types of classic regional science models:
  • The Fischer-Johansson model of bilateral trade flows that serves to estimate the direction, volume and composition of Austrian trade from and to Czech Republic, Slovak Republic, Hungary and Slovenia, referring to a hypothetical successful integration in the long run.

  • Using these predictions, the second model aims to estimate regional welfare and sectoral production effects within a multiregional computable general equilibrium (CGE) framework for the Austrian economy.

Keywords

General Equilibrium Trade Flow Eastern European Country Computable General Equilibrium Intensive Product 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin Heidelberg 2001

Authors and Affiliations

  • Martin Schneider
  • Manfred M. Fischer

There are no affiliations available

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