This paper examines three sets of questions related to the use of non-renewable natural resource rents: (1) To what extent countries rich in non-renewable natural resources use such rents to increase present consumption ...

This paper constructs a comprehensive set of State Capacity indicators for Colombian municipalities, focusing in four basic governmental capabilities: fiscal, financial, physical and operational. First, a group of relevant ...

En este estudio evaluamos las restricciones financieras que enfrentan las empresas en Colombia e identificamos los determinantes de su estructura de financiamiento. Utilizando datos a nivel de firma, analizamos la evolución ...

Este trabajo estudia el impacto de la explotación de hidrocarburos y minerales sobre el desarrollo regional y local reciente en Colombia. Examina si los departamentos y municipios productores de hidrocarburos y carbón, y ...

We evaluate the impact of public financial support, both subsidies and credit, on different types of innovation in Colombian industry. We compare it with the effects of financing innovation with own resources and with ...