MARCO TEÓRICO PARA UN MODELO DE EQUILIBRIO GENERAL CON SECTOR HIDRÁULICO

Abstract

In this paper, we develop a general equilibrium model, static, and deterministic with representative agents, useful to study the efficient management of water resources. In our model, capital, labor and water stand for the inputs in the production function. Finally, we state a calibration strategy to get a set of fiscal policy recommendations for the efficient management of water in the production process, depending on who holds the property of the resource:households or government.