Industrial Demography: a study on firm relocation in Colombia, 1995-2012
DOI:
https://doi.org/10.17533/udea.le.n82a6Keywords:
industrial demography, regional economic growth, micro-simulationAbstract
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.
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