Foreign and Domestic Firms in Colombia: How Do They Differ?

Borradores de Economia
Number: 
375
Published: 
Classification JEL: 
F41, G11
Keywords: 
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy
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This paper studies foreign and domestic firms in Colombia and, in particular, whether these firms behave differently. The study uses a dataset containing the 2003 balance sheets and income statements for some 7,001 firms. The dataset was obtained from t