Presentación del paper: “Stunted Firms: The Long-Term Impacts of Colonial Taxation”

El Departamento de Economía de la Facultad de Economía y Empresa de la Universidad Diego Portales, realizará la presentación del paper” Stunted Firms: The Long-Term Impacts of Colonial Taxation”

Expone: Gabriel Natividad, Universidad de Piura.
Fecha: Miércoles 30 de agosto de 2017
Hora: 13:00 horas a 14:00 horas.
Lugar: Avda. Santa Clara N° 797, Campus Ciudad Empresarial, Sala C-302 – Edificio Cubo

This paper uses the geocoded 2008 census of Peruvian firms to study how the colonial mita forced labor system (1573–1812) caused long-run impacts on firm investments. Multidimensional regression discontinuity models show lower levels of fixed assets and inventories and a lower likelihood of having a commercial name for firms within mita boundaries. Demographic features in these impacted regions — more education, lower insurance coverage, and lower personal ID registration — are consistent with a lower preference for physical capital and possibly more tax avoidance. A centuries-long disadvantageous tax burden in mita regions is a likely driver of long-term investment impacts.

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