Una evaluación sobre los efectos de una reducción del tipo de gravamen del IVA para los bienes y servicios culturales

Résumé

This work analyzes the effect of reducing the VAT rate from 21% to 10% for cultural goods and services (June 27th, 2017) and for cinematographic activities (July 5th, 2018). First, we study to what extent this VAT reduction was transferred to the price of cultural goods. Next, we estimate the impact on the demand for cultural goods and services by means of the methods of differences in differences and discontinuity regression. The results show that producers only transferred between 27.2% - 45% of the VAT reduction to prices. Regarding the effect on the consumption of cultural goods, the economic analyzes show inconclusive results on the impact that a VAT reduction has on the demand for cinema and performing arts, both in the extensive margin - number of spectators - and intensive - medium expenditure.