Fumigating income: unintended fiscal consequences of Plan Colombia
This paper combines fiscal income at the municipality (equivalent to US-county) level as a proxy for economic performance with yearly data on eradication effort variables during 6 years in Colombia to measure fiscal revenue losses due to the policy of eradication of illicit crops.
Using fixed-effects as well as GMM estimators, this article provides evidence suggesting a decrease of nearly one minimum wage in tax collection per person every year, on average, in Colombian municipalities, due to the coca spraying policy.
Fuente:
Biblioteca Virtual Banco de la República
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Artículos