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. …

This paper describes the share of investment in fixed capital and working capital financed by retained earnings using a …, particularly by smaller firms located in countries with less developed financial markets. Investment in fixed assets represents …

Foreign direct investment (FDI) is often seen as a means to boost domestic investment and, hence, capital accumulation …. Yet, the empirical support for such a positive investment effect of FDI is inconclusive. A possible reason is that FDI is … often directed towards the financial sector, where capital investment tends to be low. In this paper, we first explore the …

foreign direct investment is not robustly detected when the data is purged from the effects of special purpose entities and …

persistent decline in investment. Moreover, the territorial dispute has led to persistent pessimism in these firms' expectations … about future sales, which can explain 60% of the overall decline in investment. …