| Journal: | Latin american journal of economics |
| Database: | CLASE |
| System number: | 000349282 |
| ISSN: | 0719-0425 |
| Authors: | Fonseca, Felipe J1 Ventosa-Santaularia, Daniel1 |
| Institutions: | 1Universidad de Guadalajara, Guadalajara, Jalisco. México |
| Year: | 2011 |
| Season: | May |
| Volumen: | 48 |
| Number: | 1 |
| Pages: | 89-111 |
| Country: | Chile |
| Language: | Inglés |
| Document type: | Artículo |
| Approach: | Analítico, descriptivo |
| English abstract | An inelastic tax system increases the uncertainty associated with tax revenue collection. This results in continuous short-term adjustments to maintain the stability of tax collection. In this paper, we estimate the revenue elasticity of the principal taxes in Mexico, finding a much greater elasticity than that found in previous studies. A cointegration model between the revenue and taxes is used which satisfies strong exogeneity, providing a basis for congruent and reliable projections. Using this model, the tax revenue projected for 2011 is much lower than the estimates prepared by Mexico's federal government |
| Disciplines: | Economía |
| Keyword: | Economía monetaria, México, Recaudación fiscal, Impuestos federales, Elasticidad del ingreso, Cointegración, Exogeneidad, Modelos econométricos |
| Full text: | Texto completo (Ver PDF) |
