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| DOI | 10.1007/S10797-023-09821-W | ||||
| Año | 2024 | ||||
| Tipo | artículo de investigación |
Citas Totales
Autores Afiliación Chile
Instituciones Chile
% Participación
Internacional
Autores
Afiliación Extranjera
Instituciones
Extranjeras
This paper studies to what extent mobility reductions and confinement measures impact value-added tax (VAT) collection, which is an increasingly important type of fiscal revenue around the world. Using evidence across twenty nations and over time, we measure these effects around the COVID-19 Pandemic. For that, we benefit from the novel IDB-CIAT monthly dataset on aggregate VAT revenues (2019-2020), combining it with both mobility-restriction policies and mobility outcomes. On average, monthly VAT revenues fell up to 30% around the event of the largest drop in mobility for each country. We also estimate mobility elasticities of VAT revenue. Mobility-restriction policies rising by 10% were associated with drops in VAT of 1.4%, while a 10% drop in actual mobility decreased VAT revenues by 3%. Furthermore, we show both elasticities were significantly smaller in the last quarter of 2020. Beyond the pandemic, results matter as a benchmark for fiscal and macroeconomic variables under large disruptions.
| Ord. | Autor | Género | Institución - País |
|---|---|---|---|
| 1 | Rosso, Lucas | - |
Columbia Univ - Estados Unidos
Columbia University - Estados Unidos |
| 2 | Wagner, Rodrigo | Hombre |
Universidad Adolfo Ibáñez - Chile
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| Agradecimiento |
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| We are grateful to Gerardo Reyes and Laura Ospina for constructive comments, as well as seminar participants at Inter-American Development Bank and U. Adolfo Ibanez. Authors thank the valuable support of ANID Fondecyt Regular Grant 1231910. Usual disclaimers apply. |
| We are grateful to Gerardo Reyes and Laura Ospina for constructive comments, as well as seminar participants at Inter-American Development Bank and U. Adolfo Iba\u00F1ez. Authors thank the valuable support of ANID Fondecyt Regular Grant 1231910. Usual disclaimers apply. |