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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. …
Persistent link: https://www.econbiz.de/10010246557
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 …
Persistent link: https://www.econbiz.de/10013147026
-tradables sectors, and for the aggregate level of private fixed investment. The results help to reconcile the contradictory conclusions …
Persistent link: https://www.econbiz.de/10012029544
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 …
Persistent link: https://www.econbiz.de/10011823732
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. …
Persistent link: https://www.econbiz.de/10005082701
The factors behind the increase in the relative wages of skilled workers in developing countries are still not well understood. The authors use data from Peru to analyze the determinants of within-industry share of skilled workers. They use a translog cost function for gross output and are...
Persistent link: https://www.econbiz.de/10014048581
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. …
Persistent link: https://www.econbiz.de/10008552010
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 …
Persistent link: https://www.econbiz.de/10009021345
FDI from the European Union (EU) ranks before FDI from North America (NA) in some of the Latin American countries. We investigate the impact of EU- versus NA-FDI on the growth rate including about 50 controls. Country specific effects and parameter heterogeneity are incorporated in our...
Persistent link: https://www.econbiz.de/10010296038
investment from China to Latin America affect opinions on China within 18 Latin American countries over the 2002-2013 period. We … investment proxied by China's market penetration of developing countries outside Latin America. In contrast to the widespread …
Persistent link: https://www.econbiz.de/10011853170