Lecturas de Economía (Mar 2015)
Industrial Demography: a study on firm relocation in Colombia, 1995-2012
Abstract
Abstract: In this paper, we retrospectively study the relocation of firms in Colombia. By using a logistic regression model and a sample of 36,235 companies in the period 1995-2012, we evaluate the incidence of financial, territorial, tax- and accessibility-related variables on the relocation of companies. We find that taxation is a critical factor in relocation decisions. Keywords: industrial demography, regional economic growth, micro-simulation.
Keywords