Interest rate on consumer loans and collection of the value added tax in Peru

Authors

  • Kilder Holgado Dorado Universidad Nacional de Ingeniería, Lima, Perú https://orcid.org/0000-0002-6037-0236
  • Bernardo Javier Sánchez Barraza Universidad Nacional Mayor de San Marcos, Lima, Peru

DOI:

https://doi.org/10.15381/quipu.v31i66.26762

Keywords:

financing, banking concentration, taxation, economy

Abstract

Objective: Determine the correlation between the interest rate on consumer loans and the collection of the Value Added Tax in Peru during the period 2011-2022. Methods: The research was descriptive and correlational in nature. To measure the relationship between the variables, the Spearman correlation coefficient was used, which is suitable for data that do not meet the normality conditions. A total of 144 monthly observations were analyzed, obtained from the Superintendence of Banking, Insurance and Pension Fund Administrators and the National Superintendency of Customs and Tax Administration. Results: There is a positive correlation between the interest rate on consumer loans and the collection of the value added tax in the period from January 2011 to December 2022. Conclusion: When the interest rate on consumer loans increases, so does the collection of the Value Added Tax. However, the relationship between these variables is not constant and may be subject to changes at different times.

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Author Biographies

  • Kilder Holgado Dorado, Universidad Nacional de Ingeniería, Lima, Perú

    Economist from Universidad Nacional de Ingeniería, MBA from Universidad ESAN. With experience in the financial and telecommunications sector in the areas of credit, collections, collection and conciliation.

  • Bernardo Javier Sánchez Barraza, Universidad Nacional Mayor de San Marcos, Lima, Peru

    Doctor in Accounting and Business Sciences, Universidad Nacional Mayor de San Marcos (UNMSM). Main Professor of the Faculty of Accounting Sciences of the UNMSM.

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Published

2023-12-31

Issue

Vol. 31 No. 66 (2023)

Section

Original papers

License

Copyright (c) 2023 Kilder Holgado Dorado, Bernardo Javier Sánchez Barraza

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

AUTHORS RETAIN THEIR RIGHTS:

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b. Authors retain their right to share, copy, distribute, perform and publicly communicate their article (eg, to place their article in an institutional repository or publish it in a book), with an acknowledgment of its initial publication in Quipukamayoc .

c. Authors retain theirs right to make a subsequent publication of their work, to use the article or any part thereof (eg a compilation of his papers, lecture notes, thesis, or a book), always indicating the source of publication (the originator of the work, journal, volume, number and date).

How to Cite

Holgado Dorado, K., & Sánchez Barraza, B. J. (2023). Interest rate on consumer loans and collection of the value added tax in Peru. Quipukamayoc, 31(66), 9-20. https://doi.org/10.15381/quipu.v31i66.26762