%0 Journal Article
%T Determinantes de la Concentraci¨®n de Deuda en el Corto Plazo para Empresas del Sector Real de Colombia: An¨¢lisis de Datos Panel Basado en Informaci¨®n P¨²blica
%A Guti¨¦rrez Valderrama
%A Luisa Fernanda
%J Ensayos sobre POL¨ªTICA ECON¨®MICA
%D 2010
%I Scientific Electronic Library Online
%X the present document analyses the factors that determine the concentration of short-term debt. to this end, an unbalanced data panel formed by companies of colombia's real sector is employed. results show that solvency, variations in operating income, size, debt limit, and the gdp cycle have an influence on the usage of short-term debt. moreover, it is found that debt limit and size affect positively the concentration of debt in the short term, while operating income, likelihood of insolvency and the gdp cycle are negatively correlated.
%K short-term debt
%K term structure of debt
%K data panel
%K colombia
%K growth
%K risk.
%U http://www.scielo.org.co/scielo.php?script=sci_abstract&pid=S0120-44832010000200005&lng=en&nrm=iso&tlng=en