Actividad bursátil en los mercados accionarios colombianos: Determinantes y evolución 1997 - 2007

We present evidence of the important improvement of the Colombian stock market in terms of trading activity in the last ten years. Indeed, the merger of the former three stock exchanges (Bogota, Medellín and Cali) into the Bolsa de Valores de Colombia in July 2001 can be associated, in an econometri...