Do Agricultural Export Taxes Work? Evidence from Argentina 2012-2022

This study analyzes the impact of agricultural export taxes (“retenciones”) in Argentina from 2012 to 2022, focusing on the meat and wheat/bread sectors. Using multivariate time series econometric models, it evaluates how these taxes affect domestic prices and exports. Findings show that export taxe...

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Autores principales: Montes-Rojas, Gabriel, Salles, Andrés, Montes-Rojas, Grabiel, Salles , Andrés
Formato: Artículo publishedVersion
Publicado: Instituto Interdisciplinario de Economía Política (IIEP UBA-CONICET) 2025
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Acceso en línea:https://ojs.economicas.uba.ar/DT-IIEP/article/view/3505
https://repositoriouba.sisbi.uba.ar/gsdl/cgi-bin/library.cgi?a=d&c=dociiep&d=3505_oai
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Sumario:This study analyzes the impact of agricultural export taxes (“retenciones”) in Argentina from 2012 to 2022, focusing on the meat and wheat/bread sectors. Using multivariate time series econometric models, it evaluates how these taxes affect domestic prices and exports. Findings show that export taxes significantly and persistently reduce exports, harming the competitiveness of the agricultural sector. Regarding domestic prices, the effects vary by product: meat prices experience a brief, limited decrease, while wheat and bread prices unexpectedly rise, challenging the conventional belief that export taxes help control domestic inflation. The study concludes that, in the long run, export taxes negatively impact export performance and have ambiguous effects on local prices. Given these outcomes, it recommends replacing export taxes with other forms of taxation, as their economic drawbacks may outweigh their fiscal benefits.