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

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