A dynamic general equilibrium model for tax policy analysis in Colombia
AbstractThe paper documents a dynamic general equilibrium model for Colombia based on national accounts from 1999. The paper is part of a project intended to develop a capacity for the the design, specification, and application of computable models within the Colombian Ministry of Finance and Department of National Planning. Our analytical framework includes both forwardlooking expectations and Harris-Todaro labor markets. In the present paper we compare numerical results from the dynamic model with simpler static and steady-state formulations to highlight the importance of transitional efects in evaluating tax policy reform. Our applications include measurement of the marginal cost of funds from di®erent tax bases and the evaluation of discrete changes in tari® structure. The structure of the labor and intermediate credit markets have important implications for the ranking alternative tax reform proposals.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by DEPARTAMENTO NACIONAL DE PLANEACIÓN in its series ARCHIVOS DE ECONOMÍA with number 001910.
Date of creation: 15 May 2002
Date of revision:
Contact details of provider:
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Gustavo Adolfo HERNANDEZ DIAZ, 2011. "Impuestos parafiscales y mercado laboral: Un análisis de Equilibrio General Computable," ARCHIVOS DE ECONOMÃA 008954, DEPARTAMENTO NACIONAL DE PLANEACIÓN.
- Takeda, Shiro, 2007. "The double dividend from carbon regulations in Japan," Journal of the Japanese and International Economies, Elsevier, vol. 21(3), pages 336-364, September.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Maria Alcira Bonilla Bernal).
If references are entirely missing, you can add them using this form.