In this paper, we analyze employment and capital adjustments using a panel of plants from Colombia. We allow for … investment. Moreover, we find that the market oriented reforms introduced in Colombia after 1990 increased employment adjustments … efficiency, the reforms introduced in Colombia generated only modest improvements …

In this paper, we analyze employment and capital adjustments using a panel of plants from Colombia. We allow for … investment. Moreover, we find that the market oriented reforms introduced in Colombia after 1990 increased employment adjustments … efficiency, the reforms introduced in Colombia generated only modest improvements. …

In this paper, we analyze employment and capital adjustments using a panel of plants from Colombia. We allow for … investment. Moreover, we find that the market oriented reforms introduced in Colombia after 1990 increased employment adjustments … efficiency, the reforms introduced in Colombia generated only modest improvements. …

In this paper, we analyse employment and capital adjustments using a panel of plants from Colombia. We allow for … investment. Moreover, we find that the market oriented reforms introduced in Colombia after 1990 increased employment adjustments … efficiency, the reforms introduced in Colombia generated only modest improvements. …

shedding. We also find that after factor market deregulation in Colombia in 1991, factor adjustment hazards increased on the … of the Colombian deregulation on aggregate productivity through factor adjustment was modest. …