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Curvas Laffer de la Tributación en Colombia

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Abstract
En este documento se estiman las curvas de Laffer para los impuestos al trabajo, al capital y al consumo en Colombia. Se utiliza un modelo neoclásico de crecimiento con capital humano del tipo insinuado por Trabandt y Uhlig (2011), el cual es calibrado con la información de las cuentas nacionales para el período 1994 a 2015. Los resultados permiten, por una parte, comparar las tarifas impositivas efectivas actuales sobre los factores de producción frente aquellas que maximizaría los recaudos del gobierno y, por consiguiente, derivar el espacio fiscal que eventualmente tiene el gobierno por el lado de los impuestos. Por otra, permiten simular ejercicios de la política fiscal mediante el uso de sus principales instrumentos y, finalmente, contrastar las tarifas tributarias efectivas y las curvas de Laffer en Colombia frente a la de los países de la OECD. **** This paper estimates the Laffer curves in Colombia for taxes on labor income, capital gains, and consumption. We used a neoclassical growth model with human capital, as that suggested by Trabandt and Uhlig (2011), inputting data from the national accounts system, for the period 1994 to 2015. The results permit to compare the current effective tax rates on the factors of production against that which would maximize the government's revenues, and therefore derive the government's possible taxrelated fiscal space. Furthermore, they help us perform some fiscal-policy simulations employing the policy's main tools, and they let us contrast Colombia's effective tax rates and Laffer curves with those of the OECD countries.

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  • Ignacio Lozano-Espitia & Fernando Arias-Rodríguez, 2018. "Curvas Laffer de la Tributación en Colombia," Borradores de Economia 1045, Banco de la Republica de Colombia.
    • Handle: RePEc:bdr:borrec:1045
    DOI: 10.32468/be.1045
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    References listed on IDEAS

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    1. Edward C. Prescott, 2004. "Why do Americans work so much more than Europeans?," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 28(Jul), pages 2-13.
    2. Hamann-Salcedo, Franz Alonso & Lozano-Espitia, Luis Ignacio & Mejía, Luis Fernando, 2012. "Sobre el impacto macroeconómico de los beneficios tributarios al capital," Chapters, in: Arango-Thomas, Luis Eduardo & Hamann-Salcedo, Franz Alonso (ed.), El mercado de trabajo en Colombia : hechos, tendencias e instituciones, chapter 6, pages 253-288, Banco de la Republica de Colombia.
    3. Mendoza, Enrique G. & Razin, Assaf & Tesar, Linda L., 1994. "Effective tax rates in macroeconomics: Cross-country estimates of tax rates on factor incomes and consumption," Journal of Monetary Economics, Elsevier, vol. 34(3), pages 297-323, December.
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    5. Mathias Trabandt & Harald Uhlig, 2012. "How Do Laffer Curves Differ across Countries?," NBER Chapters, in: Fiscal Policy after the Financial Crisis, pages 211-249, National Bureau of Economic Research, Inc.
    6. Nutahara, Kengo, 2015. "Laffer curves in Japan," Journal of the Japanese and International Economies, Elsevier, vol. 36(C), pages 56-72.
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    More about this item

    Keywords

    Curva de Laffer; Política Fiscal; Impuestos al Trabajo; Impuestos al Capital; Impuestos al Consumo; Laffer curves; Fiscal Policy; Taxes on Consumption; Taxes on labor and capital incomes;
    All these keywords.

    JEL classification:

    • E13 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Neoclassical
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General
    • H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General
    • H60 - Public Economics - - National Budget, Deficit, and Debt - - - General

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