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
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Spanisch
- Erschienen in
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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
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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
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Private investment
gross domestic produc
public investment
income tax
value added tax
- Ereignis
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Geistige Schöpfung
- (wer)
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Brito-Gaona, Luis Felipe
Iglesias, Emma
- Ereignis
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Veröffentlichung
- (wer)
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Universidad de Chile, Departamento de Economía
- (wo)
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Santiago de Chile
- (wann)
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2017
- Handle
- Letzte Aktualisierung
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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