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Efectos del Impuesto a las Utiildades en la Inversión Extranjera en América Latina

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Abstract

Durante los últimos años, varios países de América Latina han bajado las tasas de impuesto a las utilidades de las empresas, entre otras razones, con el objetivo de atraer más Inversión Extranjera. Sin embargo, dicha política sólo puede tener resultados significativos si la elasticidad de la Inversión Extranjera es relativamente alta. Lamentablemente, para el caso de América Latina no hay evidencia empírica en la literatura económica que indique la magnitud de dicha elasticidad y uno de los objetivos de este estudio es llenar ese vacío. Una primera contribución de este trabajo consiste precisamente en estimar la magnitud de los efectos tributarios en la inversión extranjera en América Latina. Una segunda contribución consiste en considerar explícitamente en el análisis empírico el hecho de que los inversionistas extranjeros tienen una Outside Option en sus alternativas de inversión y pueden decidir no invertir en ningún país de América Latina. La evidencia empírica en este trabajo, utilizando un modelo de elección discreta y un panel de 11 países en Latinoamérica para el período 1990-2002, muestra una elasticidadimpuesto de la inversión extranjera entre -0,5 y -0,9.

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  • Claudio Agostini & Ileana Raquel Jalile, 2006. "Efectos del Impuesto a las Utiildades en la Inversión Extranjera en América Latina," ILADES-UAH Working Papers inv174, Universidad Alberto Hurtado/School of Economics and Business.
    • Handle: RePEc:ila:ilades:inv174
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    1. Cristián Mardones Poblete, 2010. "Evaluando Reformas Tributarias en Chile con un Modelo CGE," Estudios de Economia, University of Chile, Department of Economics, vol. 37(2 Year 20), pages 243-284, December.
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    3. Mascareño, Aldo, 2010. "Social coordination through public policies: the Chilean case," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.
    4. Agostini, Claudio, 2010. "Differential fuel taxes and their effects on automobile demand," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.
    5. Lli Torradabella, Carlos & Saiz Alvarez, José Manuel, 2015. "Emprendimiento y análisis PESTEL de un offshoring de servicios: una valoración práctica [Entrepreneurship and Pestel Analysis of a Services Offshoring. Practical Assessment]," MPRA Paper 88467, University Library of Munich, Germany.

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    More about this item

    Keywords

    Inversión Extranjera Directa; Impuesto a las Utilidades; Outside Option;
    All these keywords.

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies
    • H71 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Taxation, Subsidies, and Revenue
    • H73 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Interjurisdictional Differentials and Their Effects
    • H87 - Public Economics - - Miscellaneous Issues - - - International Fiscal Issues; International Public Goods

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