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Tax structure in Latin America: its impact on the real economy and compliance

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  • Martínez-Vázquez, Jorge
  • Vulovic, Violeta

Abstract

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, income redistribution and foreign direct investment--, and on the extent of informality –the size of the shadow economy—and ‘tax morale.’

Suggested Citation

  • Martínez-Vázquez, Jorge & Vulovic, Violeta, 2011. "Tax structure in Latin America: its impact on the real economy and compliance," Research Department working papers 224, CAF Development Bank Of Latinamerica.
    • Handle: RePEc:dbl:dblwop:224
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    4. Agnès Bénassy-Quéré & Lionel Fontagné & Amina Lahrèche-Révil, 2005. "How Does FDI React to Corporate Taxation?," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 12(5), pages 583-603, September.
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    10. Richard M. Bird & Eric M. Zolt, 2005. "Redistribution via Taxation: The Limited Role of the Personal Income Tax in Developing Countries (2005)," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper0507, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
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    12. Bird, Richard M. & Zolt, Eric M., 2005. "The limited role of the personal income tax in developing countries," Journal of Asian Economics, Elsevier, vol. 16(6), pages 928-946, December.
    13. James Alm & Jorge Martinez-Vazquez, 2007. "Tax Morale and Tax Evasion in Latin America," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper0704, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    14. Barbara Castelletti, 2008. "Taxes in Latin America: Do Wealth and Inequality Matter?," OECD Development Centre Policy Insights 79, OECD Publishing.
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    Cited by:

    1. Ángeles Sánchez & Antonio L. Pérez-Corral, 2018. "Government Social Expenditure and Income Inequalities in the European Union," Hacienda Pública Española / Review of Public Economics, IEF, vol. 227(4), pages 133-156, December.
    2. Sedrakyan, Gohar Samvel & Varela-Candamio, Laura, 2019. "Wagner’s law vs. Keynes’ hypothesis in very different countries (Armenia and Spain)," Journal of Policy Modeling, Elsevier, vol. 41(4), pages 747-762.
    3. Gohar S. Sedrakyan, 2019. "Comparative Studies of Cross-border M&A and Greenfield Investments in Response to Changes in Tax Regulation and Administration of Host Economies," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper1904, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    4. Gohar Samvel Sedrakyan & Laura Varela-Candamio, 2017. "The Impact of Public Expenditures on Economic Growth in Two Very Different Countries: A comparative Analysis of Armenia and Spain," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper1702, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    5. Gohar S. Sedrakyan, 2018. "Can Tax Regulation and Administration Practices Impact Foreign Direct Investments?," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper1812, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    6. Vanesa Jorda & Jose M. Alonso, 2020. "What works to mitigate and reduce relative (and absolute) inequality?: A systematic review," WIDER Working Paper Series wp-2020-152, World Institute for Development Economic Research (UNU-WIDER).

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