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A General Equilibrium Model for Tax Policy Analysis in Colombia: The MEGATAX Model

Thomas F. Rutherford () and Miles K. Light ()

Archivos de Economía from Departamento Nacional de Planeación

Abstract: The paper documents the development of a pilot general equilibrium model for Colombia based on 1996 social accounts. This paper is intended to be a guide for the development, specification, and application of a computable model for the Ministry of Finance and National Department of Planning. As an illustrative calculation, we use the dataset and model to evaluate the marginal cost of raising additional government revenue from different tax sources.

JEL-codes: D58 H22 (search for similar items in EconPapers)
Date: 2002-05-08
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