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El leasing en Colombia: Diagnóstico e impacto sobre la inversión y el crecimiento

Author

Listed:
  • María Angélica Arbeláez Restrepo
  • Fabio Villegas
  • Natalia Salazar Ferro

Abstract

“Este estudio contiene un detallado análisis de la industria del leasing, con énfasis en la evolución de la actividad en el caso de Colombia. Se evalúa la importancia del leasing en el crecimiento del sector real a través de la inversión en bienes de capital y se demuestra que en esta relación entre leasing y crecimiento las ventajas tributarias en el uso de esta fuente de recursos tienen una enorme incidencia. El debate es crucial en el país, por cuanto la reforma tributaria de 2003 generalizó las ventajas tributarias en el uso del leasing pero con una vigencia hasta 2006. El estudio muestra que la abolición de las mismas puede ser perjudicial para las empresas de todos los tamanos, especialmente para las pequenas y medianas en tanto que su inversión depende en gran medida del acceso a estos recursos con bajos costos. El estudio se compone de seis capítulos: El primero es el resumen ejecutivo de la investigación. En el segundo se hace un recuento detallado de la importancia del leasing en el mundo y en Colombia. En el tercer capítulo se analiza la importancia del leasing en el crecimiento de las economías. El cuarto capítulo comprende un análisis del tratamiento legal, tributario y contable del leasing. El quinto capítulo presenta los resultados del módulo especial de la EOE de Fedesarrollo (2004) donde se indago sobre diferentes aspectos relacionados con la financiación a través de leasing. El último capítulo contiene un análisis que justifica la importancia de un tratamiento tributario favorable al leasing.”

Suggested Citation

  • María Angélica Arbeláez Restrepo & Fabio Villegas & Natalia Salazar Ferro, 2004. "El leasing en Colombia: Diagnóstico e impacto sobre la inversión y el crecimiento," Cuadernos de Fedesarrollo 12728, Fedesarrollo.
    • Handle: RePEc:col:000439:012728
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    File URL: http://hdl.handle.net/11445/1910
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Natalia Salazar Ferro & Pilar Cabrera & Alejandro Becerra, 2011. "El impacto del leasing financiero sobre la inversión y el empleo en las firmas colombianas," Cuadernos de Fedesarrollo 9270, Fedesarrollo.
    2. De la Cruz, Javier & Stephanou, Constantinos, 2006. "Financial system structure in Colombia : a proposal for a reform agenda," Policy Research Working Paper Series 4006, The World Bank.
    3. World Bank, 2007. "Colombia : Bank Financing to Small- and Medium-Sized Enterprises (SMEs) in Colombia," World Bank Publications - Reports 7654, The World Bank Group.

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    More about this item

    Keywords

    Leasing; Ley 223 de 1993; Arrendamiento Financiero; Apertura Comercial; Crecimiento Económico; Legislación; Sistemas de Crédito; Financiamiento de Empresas; Compañías de Financiamiento Comercial; Tributación;
    All these keywords.

    JEL classification:

    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E64 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Incomes Policy; Price Policy
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • P24 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - National Income, Product, and Expenditure; Money; Inflation
    • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General

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