Equity and Fiscal Policy: The Income Distribution Effects of Taxation and Social Spending in Central America
| Autor: | Rodrigo Cubero, Ivanna Vladkova Hollar |
|---|---|
| Rok vydání: | 2010 |
| Předmět: |
Tax policy
Western hemisphere Tax revenue Labour economics Equity (economics) Gini coefficient Incidence [Fiscal policy Expenditure policy Central America Income distribution incidence social spending taxation gini coefficient public spending Taxation and Subsidies] Economics General Earth and Planetary Sciences Public expenditure General Environmental Science Fiscal policy |
| Zdroj: | IMF Working Papers. 10:1 |
| ISSN: | 1018-5941 |
| DOI: | 10.5089/9781455200719.001 |
| Popis: | How does fiscal policy fare in improving the underlying income distribution in Central America? We integrate the data from a number of existing tax and public expenditure studies for the countries in the region and find that the distributional effect of taxation is regressive but small. In contrast, the redistributive impact of social spending is large and progressive, leading to a progressive net redistributive effect in all countries of the region. We also show that raising tax revenues and devoting the proceeds to social spending would unambiguously improve the income of the poorest households. |
| Databáze: | OpenAIRE |
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