Tax structure in Latin American : its impact on the real economy
In this paper we review the structure of tax systems in Latin America and analyze their impact on the real economy - economic growth, macro-economic stability, and income redistribution. We find that in Latin America relatively higher reliance on direct taxes slows economic growth, although this eff...
| Autores: | , |
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| Tipo de recurso: | artículo |
| Fecha de publicación: | 2014 |
| País: | España |
| Institución: | Universidad de Huelva (UHU) |
| Repositorio: | Arias Montano. Repositorio Institucional de la Universidad de Huelva |
| Idioma: | inglés |
| OAI Identifier: | oai:ariasmontano.uhu.es:10272/9229 |
| Acceso en línea: | http://hdl.handle.net/10272/9229 |
| Access Level: | acceso abierto |
| Palabra clave: | Tax structure Economic growth Macroeconomic stability Income inequality Estructura de los sistemas impositivos Crecimiento económico Estabilidad macroeconómica Desigualdad |
| Sumario: | In this paper we review the structure of tax systems in Latin America and analyze their impact on the real economy - economic growth, macro-economic stability, and income redistribution. We find that in Latin America relatively higher reliance on direct taxes slows economic growth, although this effect is smaller than in the ‘Rest of the World.’ However, unlike in most other countries, higher reliance on direct taxes in Latin America does not appear to play a significant role in dampening economic volatility or in reducing income inequality in the region. |
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