also developed a summary index of the efficiency of investment allocation that measures whether, and to what extent …, investment funds are going to firms with a higher marginal return to capital. Then it was examined the relationship between this … has led to an increase in the efficiency with which investment funds are allocated. …

providing empirical evidence linking actual firm performance to shortcomings in Latin America's investment climate, the book …

providing empirical evidence linking actual firm performance to shortcomings in Latin America's investment climate, the book …

This paper estimates the impact of relative price volatility on sector-level investment allocation using a panel of 65 … efficient investment allocation in that investment is not necessarily devoted to relatively more productive sectors, especially …

This paper uses a yearly dataset of plant-level investment in Colombian firms during the period 1997 to 2007 to assess … significant correlation is found between the boom observed in investment and the adoption of the tax policy. However, the … tests. Overall, it is concluded that the tax stimulus analyzed was ineffective in promoting investment in Colombia. …

country risk. Moreover, firms that have foreign participation appear to be less financially constrained in their investment … assess the severity of financing constraints, by focusing on firms investment choices. All the papers (but one) were part of …

the Short and Long Run; How Does Intellectual Property Affect Foreign Direct Investment in Latin America?; Selective …

This paper uses a yearly dataset of plant-level investment in Colombian firms during the period 1997 to 2007 to assess … significant correlation is found between the boom observed in investment and the adoption of the tax policy. However, the … tests. Overall, it is concluded that the tax stimulus analyzed was ineffective in promoting investment in Colombia. …