Demografía industrial: un estudio sobre relocalización de firmas en Colombia, 1995-2012

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