In this paper we examine how business cycles in the home country affect outward flows of FDI (OFDI). We employ a panel data set of OFDI flows for a representative sample of countries from 1970 to 2011. The findings of the regression models that we have used are consistent with the hypothesis...

In this paper, we approach empirically the influence of trade union (TU) bargaining power on delocalization strategies by analyzing the determinants of processing trade data as a proxy for delocalization and using an index that measures TU bargaining power as the main explanatory variable. Trade...

En Colombia, la función de interventoría resulta ser indispensable dentro de la contratación estatal debido a la necesidad de garantizar la calidad, cantidad costos y cronograma de los productos contratados. No obstante, la escaza formación en este aspecto, ha generado que la Interventoría...

This paper presents a theoretical framework to study the social cost of random mechanisms for allocation of resources instead of market or price oriented systems. The social cast of not allowing unrestricted sales of the telephone lines owned by ENTEL, wa