Foreign and domestic firms in Colombia: how do they differ?

Rowland, Peter

Foreign and domestic firms in Colombia: how do they differ?

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Borradores de Economía; No. 375

Date published

2006-02-14

Date

2006-02-14

Authors

Rowland, Peter

Document language

spa

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Las opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors.

Abstract

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