MEDICIÓN DEL IMPACTO DE LA POLÍTICA FISCAL SOBRE EL SALDO DE EXPORTACIONES NETAS EN COLOMBIA, CHILE, ECUADOR Y PERÚ DURANTE EL PERIODO 2010-2015

Sebastian Espindola, Camilo Martinez
2020 figshare.com  
The aim of this article is to demonstrate, through an econometric model, how the economic intervention of the governments of Colombia, Chile, Ecuador and Peru affected its current account balance of payments between 2010 and 2015, time when these countriesincreased their inclusion in international trade. For this purpose, an economic model was developed with panel data, in the model included the World Bank and ECLAC data. Economic modeling was used as a tool to measure the influence of the
more » ... c spending and the taxes on the current account balances of the countries studied. The results show that there is a clear negative relationship between the balance of payments current account balance and economic intervention, measured with income and earnings taxes and the increase of public expenditure in relation to GDP. While these countries have been increasingly inserted in international markets in recent years, it is counterproductive that the government increases taxes and public spending, because that reduce balance of payments in the current account of the balance of payments.
doi:10.6084/m9.figshare.12844991.v1 fatcat:zlsowkud5naitgt5wxwzodbqcq