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Quantitative Reference Scenario for the MEDPRO Project

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  • Paroussos, Leonidas
  • Fragkiadakis, Kostas
  • Charalampidis, Ioannis
  • Tsani, Stella
  • Capros, Pantelis

Abstract

In general equilibrium models the reference scenario is important, as the evaluation of the alternative policies modelled is based on their deviation from the reference scenario. The reference scenario relates to the development of an economic outlook for each region and sector of the model. This means that assumptions are made about the main drivers of growth, e.g. population growth and technical progress. This report provides the main assumptions used for the development of the reference scenario in the MEDPRO project. The report also provides a brief country and sectoral overview for each of the southern and eastern Mediterranean countries covered by the MEDPRO project.

Suggested Citation

  • Paroussos, Leonidas & Fragkiadakis, Kostas & Charalampidis, Ioannis & Tsani, Stella & Capros, Pantelis, 2013. "Quantitative Reference Scenario for the MEDPRO Project," CEPS Papers 8097, Centre for European Policy Studies.
    • Handle: RePEc:eps:cepswp:8097
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    File URL: http://www.ceps.eu/system/files/MEDPRO%20Report%20No%206%20on%20quantitative%20reference%20scenario%20-%20Edited%20final_0.pdf
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    1. AfDB AfDB, . "AfDB Group Annual Report 2008," Annual Report, African Development Bank, number 64 edited by Koua Louis Kouakou.
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    1. Bouznit, Mohammed & Pablo-Romero, María del P., 2016. "CO2 emission and economic growth in Algeria," Energy Policy, Elsevier, vol. 96(C), pages 93-104.

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