Análisis de la recaudación tributaria y su contribución al crecimiento económico de Ecuador. Un enfoque de Cobb-Douglas.

Abstract

The current study aims to analyze the impact of tax collection on the economic growth of Ecuador through an econometric multiple regression model of the Cobb-Douglas production function, applying a methodology with a quantitative approach. The results show that the Income Tax has a negative effect on economic growth with consequences on the Ecuadorian economy, by discouraging investment and productivity of industries, due to the contraction in consumption and partial loss of purchasing power of people. On the other hand, Value Added Tax (VAT) and Special Consumption Tax (SCT) did not appear to be statistically significant for the Gross Domestic Product, but it does not compromise their importance, since they provide essential economic resources to cover the current spending and finance public investment. In conclusion, the research emphasizes the relevance of the taxes already mentioned in contributing to the financing of state expenses. The results show that a greater tax burden affects people's consumption patterns, for this reason fiscal policies must be carried out with caution since they can act as an expansionary measure or be a contractionary measure in the economic growth of the economy.