Inversión privada, gasto público y presión tributaria en América Latina

Artikel

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.

Object Details

• Language: Spanisch

References and Relationships

• Bibliographic citation: 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

Classification and Topics

• Classification: 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
• Subject: Private investment ; gross domestic produc ; public investment ; income tax ; value added tax

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Brito-Gaona, Luis Felipe ; Iglesias, Emma
• Event: Veröffentlichung
• (who): Universidad de Chile, Departamento de Economía
• (where): Santiago de Chile
• (when): 2017

Further information

• Handle: http://hdl.handle.net/10419/194253
• Last update: 10.03.2025, 11:42 AM CET