VAT Elasticities on Imports as a Lever to Forecast Collection: Mexico 2010–2021

Javier Moreno Espinosa; Leovardo Mata Mata; Jaime Humberto Beltrán-Godoy

doi:10.1007/978-3-031-41386-5_6

VAT Elasticities on Imports as a Lever to Forecast Collection: Mexico 2010–2021

Javier Moreno Espinosa, Leovardo Mata Mata, Jaime Humberto Beltrán-Godoy

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

Abstract

This chapter obtained the elasticities of VAT collection with respect to merchandise imports classified in the 99 chapters of the International Harmonized System 2010–2021. Evidence of an equilibrium relationship, in the long run, was found by cointegration in a VEC model. The results show that sixteen chapters explain 82% of the value of imports with different elasticities which allows identifying the sensitivity of VAT collection in generating income from imports. The chapters that stand out are machinery and electrical material; mechanical devices, boilers, and their parts; goods related to land transport and its parts, and mineral fuels and their products. The elasticities can be a lever that contributes to a better forecast of tax government revenues, specifically of the second source of income.

Original language	English
Title of host publication	Creating Economic Stability Amid Global Uncertainty
Subtitle of host publication	Post-Pandemic Recovery in Mexico’s Emerging Economy
Publisher	Springer International Publishing
Pages	115-139
Number of pages	25
ISBN (Electronic)	9783031413865
ISBN (Print)	9783031413858
DOIs	https://doi.org/10.1007/978-3-031-41386-5_6
State	Published - 1 Jan 2023

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abstract = "This chapter obtained the elasticities of VAT collection with respect to merchandise imports classified in the 99 chapters of the International Harmonized System 2010–2021. Evidence of an equilibrium relationship, in the long run, was found by cointegration in a VEC model. The results show that sixteen chapters explain 82% of the value of imports with different elasticities which allows identifying the sensitivity of VAT collection in generating income from imports. The chapters that stand out are machinery and electrical material; mechanical devices, boilers, and their parts; goods related to land transport and its parts, and mineral fuels and their products. The elasticities can be a lever that contributes to a better forecast of tax government revenues, specifically of the second source of income.",

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VAT Elasticities on Imports as a Lever to Forecast Collection: Mexico 2010–2021. / Espinosa, Javier Moreno; Mata, Leovardo Mata; Beltrán-Godoy, Jaime Humberto.
Creating Economic Stability Amid Global Uncertainty: Post-Pandemic Recovery in Mexico’s Emerging Economy. Springer International Publishing, 2023. p. 115-139.

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

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VAT Elasticities on Imports as a Lever to Forecast Collection: Mexico 2010–2021

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