Análisis de la reducción del IVA en la rentabilidad del sector turístico del Ecuador

Abstract

The study analyzes the impact of Value Added Tax (VAT) reductions on the profitability of the Ecuadorian tourism sector during the COVID-19 pandemic. The general objective of the study is to analyze the impact of the reduction of the value added tax on the profitability of the tourism sector in Ecuador in the face of the COVID 19 pandemic using a simple linear regression model that allows us to understand the specific situation of the sector. The methodology involves a descriptive analytical approach to understand the relationship between the decrease in VAT and tourism benefits, without directly manipulating the variables, and the sample selection is based on the number of hotels and tourist establishments in Ecuador. The results show a significant decrease in employment, sales and VAT collection in 2020 due to mobility restrictions due to the pandemic. Although a recovery is observed in 2021 and 2022, income and employment levels have not yet reached pre- pandemic levels. A statistical correlation is identified between variations in the VAT rate and profitability in the tourism sector, highlighting the importance of fiscal policies. In conclusion, the significant influence of VAT reductions on Ecuadorian tourism profitability is highlighted, especially during the pandemic. The need for adaptive fiscal policies and support measures is suggested to mitigate the negative impact on the tourism industry and promote its economic recovery.