RESUMO

State Film Incentives (SFIs) are a recent and popular economic development incentive. I study these through case studies of two prominent SFIs: those in Louisiana and New Mexico, using the Abadie et al. (2010) synthetic control case study method. This allows me to estimate the effect of SFIs relative to the "business-as-usual": what would have happened without SFIs. I estimate the effects of these SFIs on filming location, using databases from IMDb and Studio System, and on business establishments, and employment in the motion picture production industry, using the Quarterly Census of Employment and Wages. My results show increases in feature films, but not TV series filming, employment, or business establishments. This suggests that while there are some benefits to these incentives, their ability, under favorable circumstances, to develop a local film industry is very limited.

RESUMO

Resumen La normatividad colombiana plantea que las nuevas sociedades que desarrollen todo el proceso productivo en los municipios denominados Zonas más Afectadas por el Con flicto Armado (Zomac) tendrán beneficios tributarios durante 10 años, consistentes en tarifa progresiva del impuesto de renta a partir del 2017, que varía según el tamaño de la empresa que se obliga a cumplir con requisitos mínimos de inversión y generación de empleo o al pago parcial del impuesto de renta mediante la inversión directa en ejecu ción de proyectos de trascendencia social en las Zomac al obtener ingresos brutos igua les o superiores a treinta y tres mil seiscientos diez (33.610) unidades de valor tributario (UVT). Se realizó un estudio de tipo descriptivo con enfoque mixto (cuantitativo-cuali tativo) para la caracterización de los empresarios, determinar el conocimiento y nivel de acogimiento a la normatividad, aplicándose un cuestionario a los empresarios y una entrevista semiestructurada a personal de los entes municipales y gubernamentales sobre el conocimiento y divulgación sobre lo reglamentado por la ley para las Zomac, permitiendo esclarecer la realidad en la aplicación normativa que plantea incentivos tri butarios para cerrar las brechas de desigualdad socioeconómica en las Zomac.

Abstract Colombian regulations state that new companies that develop the entire production process in municipalities called Zones Most Affected by Armed Conflict (ZOMAC) will have tax benefits for 10 years. They will consist of progressive rate of income tax from 2017, which varies depending on the size of the company that is required to meet mi nimum investment and employment generation requirements or partial payment of income tax through direct investment in execution projects of social significance in the ZOMAC, by obtaining gross income equal to or greater than thirty-three thousand six hundred and ten (33,610) Tax Value Unit. A descriptive type study was carried out with a mixed (quantitative-qualitative) approach to the characterization of entrepreneurs, determine knowledge and level of adherence to regulations, applying a questionnaire to entrepreneurs and a semi-structured interview with staff of municipal and govern ment authorities on knowledge and disclosure of what is regulated by law for ZOMACs, allowing to clarify the reality in the normative application that raises tax incentives to close gaps in socio-economic inequality in the ZOMAC.