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Seminarios académicos y conferencias

Gabriel Natividad, Universidad de Piura

Stunted Firms: The Long-Term Impacts of Colonial Taxation

24 agosto 2017 - 17:00 hrs.

Sala de Postgrados, Facultad de Ciencias Económicas y Administrativas UC

Abstract: 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.

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2941879