investment equation splitting up the sample between exporters and non-exporters. Using three alternative econometric models … literature, exporting firms are the ones facing larger financial constraints on investment. We propose an explanation for this …, particularly in Argentina, which triggers a profit squeeze phenomenon for exportable firms, reducing their investment capacity. …

prospects and poorly developed financial markets because it primarily reduces the investment of financially constrained firms …, investment that has marginal product greater than the after-tax market real interest rate. Contrarily, taxes on distributed … profits or capital gains primarily reduce the investment of financially unconstrained firms. Chile experienced a banking …

financially turbulent periods in the 2000s in making investment decisions and in meeting demand for liquidity. A rise in … uncertainty regarding the ability to obtain external funds may have induced firms to rely on internal funds to finance investment … activities. Therefore, we shed light on the cash flow sensitivity of investment and cash holdings by estimating firm- level …

investment through wide-ranging structural reforms. Areas that require reforms include the regulation of product and labour … institutions are particularly relevant, would stimulate private investment, facilitating the creation of new firms and jobs, and …

financially turbulent periods in the 2000s in making investment decisions and in meeting demand for liquidity. A rise in … uncertainty regarding the ability to obtain external funds may have induced firms to rely on internal funds to finance investment … activities. Therefore, we shed light on the cash flow sensitivity of investment and cash holdings by estimating firm- level …

financially turbulent periods in the 2000s in making investment decisions and in meeting demand for liquidity. A rise in … uncertainty regarding the ability to obtain external funds may have induced firms to rely on internal funds to finance investment … activities. Therefore, we shed light on the cash flow sensitivity of investment and cash holdings by estimating firm- level …

In this paper, we analyze whether incoming foreign investment in China plays an important role in alleviating domestic … and whether direct foreign investment relaxes financing constraints of firms. When we split domestic firms into public and … private firms, we find that public firms' investment decisions are not sensitive to debt ratios or the cost of debt. Nor is …

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 studies the behavior of investment during demographic transitions. In particular, I focus on the period …, Asia, and Oceania investment rates are higher 15 years before and during the window than in other periods, whereas in Latin … America they are lower. To understand the relation between investment and a demographic window, I build an overlapping …

We use a yearly dataset of plant level investment in Colombian firms during the period 1997 to 2007, to assess the … statistically significant correlation between the boom observed in investment and the adoption of the tax policy. However the … conclude that the analyzed tax stimulus was ineffective to promote investment in Colombia …