Tributación en Colombia: Aproximación teórica y empírica de la curva de Laffer
Este artículo estima la curva de Laffer mediante un análisis de estática comparativa y un ejercicio econométrico. A partir de una especificación microeconómica, primero analiza la distorsión que causaría establecer un impuesto indirecto y las implicaciones de bienestar si se maximizara el recaudo tributario. Luego, con datos del ingreso tributario real per cápita y de la tasa impositiva, estima un modelo econométrico para calcular la tasa tributaria óptima en Colombia. Los resultados muestran que los postulados de Laffer se cumplen con una tasa óptima de un 32%, y sugieren que el Gobierno tiene un margen de casi 12 puntos porcentuales.
Guardado en:
0124-5996
2346-2450
24
2022-07-01
117
143
Juan Pablo Herrera Saavedra, Juan Camilo Villar Otalora, Jacobo Campo Robledo - 2022
Esta obra está bajo una licencia internacional Creative Commons Atribución-NoComercial-CompartirIgual 4.0.
info:eu-repo/semantics/openAccess
http://purl.org/coar/access_right/c_abf2
| id |
3f80cf78c23fe6448dc445ab4f860e2e |
|---|---|
| record_format |
ojs |
| institution |
UNIVERSIDAD EXTERNADO DE COLOMBIA |
| thumbnail |
https://nuevo.metarevistas.org/UNIVERSIDADEXTERNADODECOLOMBIA/logo.png |
| country_str |
Colombia |
| collection |
Revista de Economía Institucional |
| title |
Tributación en Colombia: Aproximación teórica y empírica de la curva de Laffer |
| spellingShingle |
Tributación en Colombia: Aproximación teórica y empírica de la curva de Laffer Campo Robledo, Jacobo Villar Otalora, Juan Camilo Herrera Saavedra, Juan Pablo C23, D72, E13, E62, H20, H30 Laffer Curve; tax income; optimal tax; tax incidence in markets; tax rate C23, D72, E13, E62, H20, H30 Curva de Laffer, ingreso fiscal, impuesto óptimo; incidencia fiscal en los mercados; tasa de tributación Laffer Curve; tax income; optimal tax; tax incidence in markets; tax rate C23, D72, E13, E62, H20, H30 |
| title_short |
Tributación en Colombia: Aproximación teórica y empírica de la curva de Laffer |
| title_full |
Tributación en Colombia: Aproximación teórica y empírica de la curva de Laffer |
| title_fullStr |
Tributación en Colombia: Aproximación teórica y empírica de la curva de Laffer |
| title_full_unstemmed |
Tributación en Colombia: Aproximación teórica y empírica de la curva de Laffer |
| title_sort |
tributación en colombia: aproximación teórica y empírica de la curva de laffer |
| title_eng |
Taxation in Colombia: Theoretical and empirical approximation of the Laffer Curve |
| description |
Este artículo estima la curva de Laffer mediante un análisis de estática comparativa y un ejercicio econométrico. A partir de una especificación microeconómica, primero analiza la distorsión que causaría establecer un impuesto indirecto y las implicaciones de bienestar si se maximizara el recaudo tributario. Luego, con datos del ingreso tributario real per cápita y de la tasa impositiva, estima un modelo econométrico para calcular la tasa tributaria óptima en Colombia. Los resultados muestran que los postulados de Laffer se cumplen con una tasa óptima de un 32%, y sugieren que el Gobierno tiene un margen de casi 12 puntos porcentuales.
|
| description_eng |
This paper estimates the Laffer curve through a comparative statical analysis and an econometric exercise. Starting from a microeconomic specification, it first analyzes the distortion caused by an indirect tax and the welfare implications of maximizing tax collection. Then, using data on real per capita tax revenue and the tax rate, an estimate of an econometric model to calculate the optimal tax rate in Colombia is made. The results show that Laffer's postulates are proven with an optimal rate of 32% and suggest that the government has a margin of almost 12 percentage points.
|
| author |
Campo Robledo, Jacobo Villar Otalora, Juan Camilo Herrera Saavedra, Juan Pablo |
| author_facet |
Campo Robledo, Jacobo Villar Otalora, Juan Camilo Herrera Saavedra, Juan Pablo |
| topicspa_str_mv |
C23, D72, E13, E62, H20, H30 Laffer Curve; tax income; optimal tax; tax incidence in markets; tax rate C23, D72, E13, E62, H20, H30 Curva de Laffer, ingreso fiscal, impuesto óptimo; incidencia fiscal en los mercados; tasa de tributación |
| topic |
C23, D72, E13, E62, H20, H30 Laffer Curve; tax income; optimal tax; tax incidence in markets; tax rate C23, D72, E13, E62, H20, H30 Curva de Laffer, ingreso fiscal, impuesto óptimo; incidencia fiscal en los mercados; tasa de tributación Laffer Curve; tax income; optimal tax; tax incidence in markets; tax rate C23, D72, E13, E62, H20, H30 |
| topic_facet |
C23, D72, E13, E62, H20, H30 Laffer Curve; tax income; optimal tax; tax incidence in markets; tax rate C23, D72, E13, E62, H20, H30 Curva de Laffer, ingreso fiscal, impuesto óptimo; incidencia fiscal en los mercados; tasa de tributación Laffer Curve; tax income; optimal tax; tax incidence in markets; tax rate C23, D72, E13, E62, H20, H30 |
| citationvolume |
24 |
| citationissue |
47 |
| citationedition |
Núm. 47 , Año 2022 : Julio-Diciembre |
| publisher |
Universidad Externado de Colombia |
| ispartofjournal |
Revista de Economía Institucional |
| source |
https://revistas.uexternado.edu.co/index.php/ecoins/article/view/7960 |
| language |
Español |
| format |
Article |
| rights |
http://creativecommons.org/licenses/by-nc-sa/4.0 Juan Pablo Herrera Saavedra, Juan Camilo Villar Otalora, Jacobo Campo Robledo - 2022 Esta obra está bajo una licencia internacional Creative Commons Atribución-NoComercial-CompartirIgual 4.0. info:eu-repo/semantics/openAccess http://purl.org/coar/access_right/c_abf2 |
| references |
Bejarano, H. D. (2008). Verificación empírica de la curva de Laffer en la economía colombiana 1980-2005. Revista Facultad de Ciencias Económicas, 16(1), 151-164. Bejarano, H. D. (2014). Tributación en Colombia: La tasa óptima que maximiza el recaudo tributario. Revista de Estrategia Organizacional, 3, 133-142. Brill, A., y Hassett, K. (2007). Revenue-maximizing corporate income taxes: The Laffer Curve in OECD countries. American Enterprise Institute for Public Policy Research, working paper 137. Buchanan, J. y Lee, D. (1982). Politics, time, and the Laffer Curve. Journal of Political Economy, 90(4), 816-819. Canto, V., Douglas, J. y Laffer, A. (1979). An income expenditure version of the wedge model. Federal Reserve Bank of San Francisco, Proceedings, 2, 27-62. Chakraborty, L. (2015). Fiscal seigniorage “Laffer-curve effect” on Central Bank autonomy in India. National Institute of Public Finance and Policy New Delhi, 2015-2156. Dickey, D. A. y Fuller, W. A. (1979). Distribution of the estimators for autoregressive time series with a unit root. Journal of the American Statistical Association, 74(366), 427-431. Dickey, D.A. y Fuller, W.A. (1981). The likelihood ratio statistics for autoregressive time series with a unit root. Econometrica, 49(4), 1057-1072. Elliott, G., Rothenberg, T. y Stock, J. (1996). Efficient tests for an autoregressive unit root. Econometrica, 64(4), 813-836. Engle R. y Granger, C.W. (1987). Co-integration and error correction: Representation, estimation, and testing. Econometrica, 55(2), 251-276. Fullerton, D. (1980). On the possibility of an inverse relationship between tax rates and government revenues. NBER working paper series, 19(467). Granger, C.W. y Newbold, P. (1974). Spurious regressions in econometrics. Journal of Econometrics, 2(2), 111-120. Guedes de O., F. y Costa, L. (2015). The VAT Laffer Curve and the business cycle in the EU27: An empirical approach. Journal of Economic Issues, 20(2), 29-43. Hsing, Y. (1996). Estimating the Laffer Curve and policy implications. Journal of Socio-Economics, 25(3), 395-401. Kalmarzi, H. y Mousavi, M. (2014). An estimation of Laffer Curve in Iran: A non-linear approach. Iranian Journal of Economic Studies, 3(1), 43-59. Karas, M. (2012). Tax rate to maximize the revenue: Laffer curve for the Czech Republic. Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 60(4), 189-194. Laffer, A. (1978). An equilibrium rational macroeconomic framework. En N. Mirakami y R. Day (eds.), Economic Issues of the eighties. Baltimore, Johns Hopkins University Press. Laffer, A. y Seymur, J. (1979). The economics of the tax revolt: A reader. Nueva York: Harcourt Brace Javanovich. Laffer, A. (2004). The Laffer Curve: Past, present, and future. Heritage Foundation Backgrounder. No. 1765. Lindsey, L. (1986). Individual taxpayer response to tax cuts 1982-1984 with implications for the revenue maximizing tax rate. NBER working paper series, 19(33). Lozano, I., y Arias, F. (2018). Curvas Laffer de la tributación en Colombia. Borradores de Economía 1045. Lozano, I., y Arias, F. (2019). How do the tax burden and the fiscal space in Latin America look like? Evidence through Laffer Curves. Borradores de Economía 1117. Nutahara, K. (2015). Laffer curves in Japan. Journal of The Japanese and International Economies, 36, 56-72. Phillips, P. (1986). Understanding spuriors regressions in econometrics. Journal of Econometrics, 33(3)11-340. Phillips, P., y Hansen, B. E. (1990). Statistical inference in instrumental variables regression with I(1) processes. Review of Economic Studies, 57(1), 99-125. Phillips, P. y Ouliaris, S. (1990). Asymptotic properties of residual based tests for cointegration. Econometrica, 58(1), 165-193. Phillips, P. y Loretan, M. (1991). Estimating long-run economic equilibria. Review of Economic Studies, 58(3), 407-436. Saikkonen, P. (1991). Asymptotically efficient estimation of cointegration regressions. Econometric Theory, 7(1), 1-21. Sidrauski, M. (1967). Rational choice and patterns of growth in a monetary economy. The American Economic Review, 57(2), 534-544. Sidrauski, M. (1967). Inflation and economic growth. Journal of Political Economy, 75(6), 796-810. Stock, J. y Watson, M. (1989). Interpreting the evidence on moneyincome causality. Journal of Econometrics, 40(1), 161-181. Stock, J. y Watson, M. (1993). A simple estimator of cointegrating vectors in higher order integrated systems. Econometrica, 61(4), 783-820. Stuart, C. (1981). Swedish tax rates labor supply and tax revenues. Journal of Political Economy, 89(5), 1020-1038. Uhlig, H. (1995). A toolkit for analyzing nonlinear dynamic stochastic models easily. Discussion paper 1091, Minneapolis, MN: Federal Reserve Bank of Minneapolis. Walsh, C. (2010). Monetary theory and policy. Cambridge, Mass.: MIT Press. |
| type_driver |
info:eu-repo/semantics/article |
| type_coar |
http://purl.org/coar/resource_type/c_6501 |
| type_version |
info:eu-repo/semantics/publishedVersion |
| type_coarversion |
http://purl.org/coar/version/c_970fb48d4fbd8a85 |
| type_content |
Text |
| publishDate |
2022-07-01 |
| date_accessioned |
2022-07-01T14:04:06Z |
| date_available |
2022-07-01T14:04:06Z |
| url |
https://revistas.uexternado.edu.co/index.php/ecoins/article/view/7960 |
| url_doi |
https://doi.org/10.18601/01245996.v24n47.05 |
| issn |
0124-5996 |
| eissn |
2346-2450 |
| doi |
10.18601/01245996.v24n47.05 |
| citationstartpage |
117 |
| citationendpage |
143 |
| url4_str_mv |
https://revistas.uexternado.edu.co/index.php/ecoins/article/download/7960/13994 |
| url3_str_mv |
https://revistas.uexternado.edu.co/index.php/ecoins/article/download/7960/13736 |
| url2_str_mv |
https://revistas.uexternado.edu.co/index.php/ecoins/article/download/7960/11826 |
| _version_ |
1797158446422818816 |
| spelling |
Tributación en Colombia: Aproximación teórica y empírica de la curva de Laffer Bejarano, H. D. (2008). Verificación empírica de la curva de Laffer en la economía colombiana 1980-2005. Revista Facultad de Ciencias Económicas, 16(1), 151-164. Bejarano, H. D. (2014). Tributación en Colombia: La tasa óptima que maximiza el recaudo tributario. Revista de Estrategia Organizacional, 3, 133-142. Brill, A., y Hassett, K. (2007). Revenue-maximizing corporate income taxes: The Laffer Curve in OECD countries. American Enterprise Institute for Public Policy Research, working paper 137. Buchanan, J. y Lee, D. (1982). Politics, time, and the Laffer Curve. Journal of Political Economy, 90(4), 816-819. Canto, V., Douglas, J. y Laffer, A. (1979). An income expenditure version of the wedge model. Federal Reserve Bank of San Francisco, Proceedings, 2, 27-62. Chakraborty, L. (2015). Fiscal seigniorage “Laffer-curve effect” on Central Bank autonomy in India. National Institute of Public Finance and Policy New Delhi, 2015-2156. Dickey, D. A. y Fuller, W. A. (1979). Distribution of the estimators for autoregressive time series with a unit root. Journal of the American Statistical Association, 74(366), 427-431. Dickey, D.A. y Fuller, W.A. (1981). The likelihood ratio statistics for autoregressive time series with a unit root. Econometrica, 49(4), 1057-1072. Elliott, G., Rothenberg, T. y Stock, J. (1996). Efficient tests for an autoregressive unit root. Econometrica, 64(4), 813-836. Engle R. y Granger, C.W. (1987). Co-integration and error correction: Representation, estimation, and testing. Econometrica, 55(2), 251-276. Fullerton, D. (1980). On the possibility of an inverse relationship between tax rates and government revenues. NBER working paper series, 19(467). Granger, C.W. y Newbold, P. (1974). Spurious regressions in econometrics. Journal of Econometrics, 2(2), 111-120. Guedes de O., F. y Costa, L. (2015). The VAT Laffer Curve and the business cycle in the EU27: An empirical approach. Journal of Economic Issues, 20(2), 29-43. Hsing, Y. (1996). Estimating the Laffer Curve and policy implications. Journal of Socio-Economics, 25(3), 395-401. Kalmarzi, H. y Mousavi, M. (2014). An estimation of Laffer Curve in Iran: A non-linear approach. Iranian Journal of Economic Studies, 3(1), 43-59. Karas, M. (2012). Tax rate to maximize the revenue: Laffer curve for the Czech Republic. Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 60(4), 189-194. Laffer, A. (1978). An equilibrium rational macroeconomic framework. En N. Mirakami y R. Day (eds.), Economic Issues of the eighties. Baltimore, Johns Hopkins University Press. Laffer, A. y Seymur, J. (1979). The economics of the tax revolt: A reader. Nueva York: Harcourt Brace Javanovich. Laffer, A. (2004). The Laffer Curve: Past, present, and future. Heritage Foundation Backgrounder. No. 1765. Lindsey, L. (1986). Individual taxpayer response to tax cuts 1982-1984 with implications for the revenue maximizing tax rate. NBER working paper series, 19(33). Lozano, I., y Arias, F. (2018). Curvas Laffer de la tributación en Colombia. Borradores de Economía 1045. Lozano, I., y Arias, F. (2019). How do the tax burden and the fiscal space in Latin America look like? Evidence through Laffer Curves. Borradores de Economía 1117. Nutahara, K. (2015). Laffer curves in Japan. Journal of The Japanese and International Economies, 36, 56-72. Phillips, P. (1986). Understanding spuriors regressions in econometrics. Journal of Econometrics, 33(3)11-340. Phillips, P., y Hansen, B. E. (1990). Statistical inference in instrumental variables regression with I(1) processes. Review of Economic Studies, 57(1), 99-125. Phillips, P. y Ouliaris, S. (1990). Asymptotic properties of residual based tests for cointegration. Econometrica, 58(1), 165-193. Phillips, P. y Loretan, M. (1991). Estimating long-run economic equilibria. Review of Economic Studies, 58(3), 407-436. Saikkonen, P. (1991). Asymptotically efficient estimation of cointegration regressions. Econometric Theory, 7(1), 1-21. Sidrauski, M. (1967). Rational choice and patterns of growth in a monetary economy. The American Economic Review, 57(2), 534-544. Sidrauski, M. (1967). Inflation and economic growth. Journal of Political Economy, 75(6), 796-810. Stock, J. y Watson, M. (1989). Interpreting the evidence on moneyincome causality. Journal of Econometrics, 40(1), 161-181. Stock, J. y Watson, M. (1993). A simple estimator of cointegrating vectors in higher order integrated systems. Econometrica, 61(4), 783-820. Stuart, C. (1981). Swedish tax rates labor supply and tax revenues. Journal of Political Economy, 89(5), 1020-1038. Uhlig, H. (1995). A toolkit for analyzing nonlinear dynamic stochastic models easily. Discussion paper 1091, Minneapolis, MN: Federal Reserve Bank of Minneapolis. Walsh, C. (2010). Monetary theory and policy. Cambridge, Mass.: MIT Press. text/xml Universidad Externado de Colombia https://revistas.uexternado.edu.co/index.php/ecoins/article/view/7960 Español http://creativecommons.org/licenses/by-nc-sa/4.0 Juan Pablo Herrera Saavedra, Juan Camilo Villar Otalora, Jacobo Campo Robledo - 2022 Esta obra está bajo una licencia internacional Creative Commons Atribución-NoComercial-CompartirIgual 4.0. info:eu-repo/semantics/article application/pdf http://purl.org/coar/resource_type/c_6501 http://purl.org/redcol/resource_type/ARTREF info:eu-repo/semantics/publishedVersion http://purl.org/coar/version/c_970fb48d4fbd8a85 info:eu-repo/semantics/openAccess http://purl.org/coar/access_right/c_abf2 Text text/html Revista de Economía Institucional Publication Campo Robledo, Jacobo C23, D72, E13, E62, H20, H30 Laffer Curve; tax income; optimal tax; tax incidence in markets; tax rate C23, D72, E13, E62, H20, H30 24 47 Villar Otalora, Juan Camilo Núm. 47 , Año 2022 : Julio-Diciembre Herrera Saavedra, Juan Pablo Artículo de revista Este artículo estima la curva de Laffer mediante un análisis de estática comparativa y un ejercicio econométrico. A partir de una especificación microeconómica, primero analiza la distorsión que causaría establecer un impuesto indirecto y las implicaciones de bienestar si se maximizara el recaudo tributario. Luego, con datos del ingreso tributario real per cápita y de la tasa impositiva, estima un modelo econométrico para calcular la tasa tributaria óptima en Colombia. Los resultados muestran que los postulados de Laffer se cumplen con una tasa óptima de un 32%, y sugieren que el Gobierno tiene un margen de casi 12 puntos porcentuales. Curva de Laffer, ingreso fiscal, impuesto óptimo; incidencia fiscal en los mercados; tasa de tributación This paper estimates the Laffer curve through a comparative statical analysis and an econometric exercise. Starting from a microeconomic specification, it first analyzes the distortion caused by an indirect tax and the welfare implications of maximizing tax collection. Then, using data on real per capita tax revenue and the tax rate, an estimate of an econometric model to calculate the optimal tax rate in Colombia is made. The results show that Laffer's postulates are proven with an optimal rate of 32% and suggest that the government has a margin of almost 12 percentage points. Taxation in Colombia: Theoretical and empirical approximation of the Laffer Curve Journal article Laffer Curve; tax income; optimal tax; tax incidence in markets; tax rate C23, D72, E13, E62, H20, H30 https://revistas.uexternado.edu.co/index.php/ecoins/article/download/7960/13994 2022-07-01 https://revistas.uexternado.edu.co/index.php/ecoins/article/download/7960/13736 https://revistas.uexternado.edu.co/index.php/ecoins/article/download/7960/11826 143 2022-07-01T14:04:06Z https://doi.org/10.18601/01245996.v24n47.05 10.18601/01245996.v24n47.05 2346-2450 0124-5996 2022-07-01T14:04:06Z 117 |