TAX ON FOREIGN EXCHANGE AND FOREIGN DIRECT INVESTMENT IN ECUADOR

Authors

DOI:

https://doi.org/10.37135/kai.003.03.04

Keywords:

Foreign Direct Investment, Foreign Exchange Tax, Correlation Analysis

Abstract

The effect of the foreign currency exit tax (ISD) on the level of foreign direct investment (FDI) in Ecuador, during the period from 2008 to 2017, is analyzed. For this purpose, a correlational study is carried out, applying a regression model based on the variables of the tax on the outflow of foreign currency in Ecuador, with respect to the variations of foreign direct investment. It can be determined that the behavior of the foreign direct investment with respect to the changes in the tax on the exit of currencies during the period of analysis is not significant, which explains why the independent variable ISD has no incidence within the model.

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Published

2019-07-31

Issue

Vol. 2 No. 3 (2019): Kairós, Revista de Ciencias Económicas, Jurídicas y Administrativas

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Articles

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How to Cite

TAX ON FOREIGN EXCHANGE AND FOREIGN DIRECT INVESTMENT IN ECUADOR. (2019). Kairos: Journal of Economy, Law and Administrative Sciences, 2(3), 42-48. https://doi.org/10.37135/kai.003.03.04