GMR-Hungary: A Complex Macro-Regional Model for the Analysis of Development Policy Impacts on the Hungarian Economy

Abstract

The National Development Office of the Hungarian government contracted the international
consortium coordinated by the Center for Research in Economic Policy for the development
of a complex macro-regional economic model. This model system will be used for ex-ante
evaluations of different policy scenarios according to the following specifications:
1. The model is the extension of EcoRET – a macroeconomic model used for ex-ante
impact analyses during the design of the 1st National Development Plan for Hungary –
into the regional and the sectoral directions. For the regional extension EcoRET ...