Colombian international trade and its finance with local banks: A firm level analysis

The objective of this paper is to estimate a dynamic panel data model with heterogeneous coefficients. Since usual “within” estimators do not have good properties in an autoregressive model, we introduce instrumental variables for a fixed effects model, by adapting the method used by...

Purpose – Institutions, social norms and the nature of industrial relations vary greatly between Latin American and Western European countries. Such institutional and organizational differences might shape firms’ operational environment in general and the type of competition in product and...