Document type
ArticleVersion
Accepted versionPublication date
All rights reserved
Please use this identifier to cite or link to this item: https://hdl.handle.net/2445/218195
Do taxes and transfers stimulate development in Latin America?
Journal Title
Authors
Director/Tutor
Journal ISSN
Volume Title
Related resource
Abstract
This study examines the relationship between fiscal redistribution and human development in 12 Latin American countries over the period 2000–2021. Aiming to evaluate this relationship across the distribution, quantile regression is performed. The results suggest that greater redistribution is associated with higher development, although this relationship's strength decreases during the second half of the distribution. The analysis of taxes’ and government transfers’ redistributive effect is extended to the different dimensions of development—health, education and economy—and obtains significant coefficients at both the beginning and the end of the distribution. Several robustness analyses evaluate the results’ consistency for different specifications and sub-periods. When controlling for socio-economic factors, the intensity of the positive link between redistribution and development decreases. Education is the most affected by redistribution increases. Despite the COVID-19 pandemic's impact, a positive association between redistribution and development is obtained for both the pre-pandemic period and the following years.
Subject (English)
Citation
Citation
CLAVERÍA GONZÁLEZ, Óscar. Do taxes and transfers stimulate development in Latin America?. Public Finance Review. 2025. Vol. 53, num. 2, pags. 200-225. ISSN 1091-1421. [consulted: 10 of June of 2026]. Available at: https://hdl.handle.net/2445/218195