Artikel

Inversión privada, gasto público y presión tributaria en América Latina

This paper looks for empirical evidence to show if a very interventionist government stimulates or not private investment in Latin America. Using the same model as Caballero-Urdiales y López-Gallardo (2012), we extend their analysis from five Latin-American countries to all Latin America. The results from our estimated elasticities show evidence in support of three hypothesis: (1) that tax burden (taxes on income and consumption) has significant effects on privateinvestment; (2) that public investment has a crowding out effect with private investment; (3) and that in order to stimulate private investment, the government should have very little intervention.

Sprache
Spanisch

Erschienen in
Journal: Estudios de Economía ; ISSN: 0718-5286 ; Volume: 44 ; Year: 2017 ; Issue: 2 ; Pages: 131-156 ; Santiago de Chile: Universidad de Chile, Departamento de Economía

Klassifikation
Wirtschaft
International Investment; Long-term Capital Movements
Personal Income and Other Nonbusiness Taxes and Subsidies; includes inheritance and gift taxes
Business Taxes and Subsidies including sales and value-added (VAT)
National Government Expenditures and Related Policies: Infrastructures; Other Public Investment and Capital Stock
Thema
Private investment
gross domestic produc
public investment
income tax
value added tax

Ereignis
Geistige Schöpfung
(wer)
Brito-Gaona, Luis Felipe
Iglesias, Emma
Ereignis
Veröffentlichung
(wer)
Universidad de Chile, Departamento de Economía
(wo)
Santiago de Chile
(wann)
2017

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

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Objekttyp

  • Artikel

Beteiligte

  • Brito-Gaona, Luis Felipe
  • Iglesias, Emma
  • Universidad de Chile, Departamento de Economía

Entstanden

  • 2017

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