SIMULACIÓN DE UN MODELO DE EQUILIBRIO GENERAL COMPUTABLE PARA VENEZUELA.

This paper presents the results of a Computable General Equilibrium model simulation built to Venezuela. The model is exemplified by the calibration and simulation of an open economy with three institutional actors (households, firms and government) and three productive sectors (oil, manufacturing, and others), for an open economy. Different policy rules are considered. In each case it is shown the calibration process and the results of some simulations using data from a Social Accounting Matrix for Venezuela between 1997 and 2005. It is presented the estimation of relevant until 2009 in the parameters and some sensitivity analysis. [ABSTRACT FROM AUTHOR]