Tax Incentives and Job Creation in the Tourism Industry of Brazil
In recent decades, a significant number of developing countries have implemented fiscal incentives programs for the tourism industry as part of their regional development policies. The main objective of these programs is to increase local investment and employment, as tourism activities are labor intensive. Little evidence is available, however, to assess the effect of these policies on job creation. This paper analyzes a fiscal incentives program that the Brazilian federal government introduced in 2002 to develop the tourism industry in the undeveloped region of Northeast Brazil. It provides evidence that income tax credits had a significant positive effect on job creation. We find that local employment in the tourism industry was on average 34 percent higher in those municipalities that benefited from the program.
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Format: | Working Papers biblioteca |
Language: | English |
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Inter-American Development Bank
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Subjects: | Tourism, Fiscal Incentive, Taxation, Fiscal Policy, Investment, Labor Market, H25 - Business Taxes and Subsidies, H71 - State and Local Taxation Subsidies and Revenue, L83 - Sports • Gambling • Restaurants • Recreation • Tourism, R58 - Regional Development Planning and Policy, Z00 - Other Special Topics: General: General, |
Online Access: | http://dx.doi.org/10.18235/0011706 https://publications.iadb.org/en/tax-incentives-and-job-creation-tourism-industry-brazil |
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dig-bid-node-123542024-05-30T20:30:06ZTax Incentives and Job Creation in the Tourism Industry of Brazil 2015-11-01T00:00:00+0000 http://dx.doi.org/10.18235/0011706 https://publications.iadb.org/en/tax-incentives-and-job-creation-tourism-industry-brazil Inter-American Development Bank Tourism Fiscal Incentive Taxation Fiscal Policy Investment Labor Market H25 - Business Taxes and Subsidies H71 - State and Local Taxation Subsidies and Revenue L83 - Sports • Gambling • Restaurants • Recreation • Tourism R58 - Regional Development Planning and Policy Z00 - Other Special Topics: General: General In recent decades, a significant number of developing countries have implemented fiscal incentives programs for the tourism industry as part of their regional development policies. The main objective of these programs is to increase local investment and employment, as tourism activities are labor intensive. Little evidence is available, however, to assess the effect of these policies on job creation. This paper analyzes a fiscal incentives program that the Brazilian federal government introduced in 2002 to develop the tourism industry in the undeveloped region of Northeast Brazil. It provides evidence that income tax credits had a significant positive effect on job creation. We find that local employment in the tourism industry was on average 34 percent higher in those municipalities that benefited from the program. Inter-American Development Bank Grégoire Garsous David Corderi Mercedes Velasco Working Papers application/pdf IDB Publications Brazil Latin America en |
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Tourism Fiscal Incentive Taxation Fiscal Policy Investment Labor Market H25 - Business Taxes and Subsidies H71 - State and Local Taxation Subsidies and Revenue L83 - Sports • Gambling • Restaurants • Recreation • Tourism R58 - Regional Development Planning and Policy Z00 - Other Special Topics: General: General Tourism Fiscal Incentive Taxation Fiscal Policy Investment Labor Market H25 - Business Taxes and Subsidies H71 - State and Local Taxation Subsidies and Revenue L83 - Sports • Gambling • Restaurants • Recreation • Tourism R58 - Regional Development Planning and Policy Z00 - Other Special Topics: General: General |
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Tourism Fiscal Incentive Taxation Fiscal Policy Investment Labor Market H25 - Business Taxes and Subsidies H71 - State and Local Taxation Subsidies and Revenue L83 - Sports • Gambling • Restaurants • Recreation • Tourism R58 - Regional Development Planning and Policy Z00 - Other Special Topics: General: General Tourism Fiscal Incentive Taxation Fiscal Policy Investment Labor Market H25 - Business Taxes and Subsidies H71 - State and Local Taxation Subsidies and Revenue L83 - Sports • Gambling • Restaurants • Recreation • Tourism R58 - Regional Development Planning and Policy Z00 - Other Special Topics: General: General Inter-American Development Bank Tax Incentives and Job Creation in the Tourism Industry of Brazil |
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In recent decades, a significant number of developing countries have implemented fiscal incentives programs for the tourism industry as part of their regional development policies. The main objective of these programs is to increase local investment and employment, as tourism activities are labor intensive. Little evidence is available, however, to assess the effect of these policies on job creation. This paper analyzes a fiscal incentives program that the Brazilian federal government introduced in 2002 to develop the tourism industry in the undeveloped region of Northeast Brazil. It provides evidence that income tax credits had a significant positive effect on job creation. We find that local employment in the tourism industry was on average 34 percent higher in those municipalities that benefited from the program. |
author2 |
Grégoire Garsous |
author_facet |
Grégoire Garsous Inter-American Development Bank |
format |
Working Papers |
topic_facet |
Tourism Fiscal Incentive Taxation Fiscal Policy Investment Labor Market H25 - Business Taxes and Subsidies H71 - State and Local Taxation Subsidies and Revenue L83 - Sports • Gambling • Restaurants • Recreation • Tourism R58 - Regional Development Planning and Policy Z00 - Other Special Topics: General: General |
author |
Inter-American Development Bank |
author_sort |
Inter-American Development Bank |
title |
Tax Incentives and Job Creation in the Tourism Industry of Brazil |
title_short |
Tax Incentives and Job Creation in the Tourism Industry of Brazil |
title_full |
Tax Incentives and Job Creation in the Tourism Industry of Brazil |
title_fullStr |
Tax Incentives and Job Creation in the Tourism Industry of Brazil |
title_full_unstemmed |
Tax Incentives and Job Creation in the Tourism Industry of Brazil |
title_sort |
tax incentives and job creation in the tourism industry of brazil |
publisher |
Inter-American Development Bank |
url |
http://dx.doi.org/10.18235/0011706 https://publications.iadb.org/en/tax-incentives-and-job-creation-tourism-industry-brazil |
work_keys_str_mv |
AT interamericandevelopmentbank taxincentivesandjobcreationinthetourismindustryofbrazil |
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1806237122197192704 |