Retenciones con tipo de cambio flexible
Export taxes: the case of a floating exchange rate
Victor Beker
Estudios Economicos, 2019, vol. 036 (Nueva Serie), issue 73, 191-197
Abstract:
Usually, when analyzing the effect of export taxes it is implicitly assumed that there is a fi xed exchange rate. This note discusses the case in which the exchange rate is fl exible. It shows that in such a case the export tax is to a greater or lesser extent passed on to the exchange rate. Only in the extreme cases when demand is infinitely elastic or supply is perfectly inelastic the tax burden will fall entirely on the suppliers
Keywords: retenciones; tipo de cambio flexible; tipo de cambio fijo; precio interno; precio internacional; export taxes; fixed exchange rate; floating exchange rate; domestic price; international price (search for similar items in EconPapers)
JEL-codes: F10 F13 H25 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:uns:esteco:v:36:y:2019:i:73:p:191-197
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