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En esta investigación se realizó el contraste de un nuevo modelo dinámico de inversión que se desarrolla a partir del problema de agencia presente en la decisión de inversión. El modelo permite incluir las condiciones imperfectas de los mercados, reflejadas como restricciones financieras, específicamente en el Flujo Libre de Efectivo y la Deuda Financiera.In this research, the contrast of a new dynamic model has been made, developed from the agency problem presented in the investment decision. The model allows the inclusion of imperfect market conditions, reflected as financial restrictions, specifically in the Free Cash Flow and Financial Debt.The econometric model, with and without restrictions, is estimated using Panel Data, built out of 36 companies from the automotive industry worldwide, with financial information available from 1998 to 2012. For model contrast, Arellano-Bond estimators were used, in their differences and system versions, based on the Generalized Method Moments.It is concluded that the variation of future investment and sales compared to the period before, have a direct relationship with the investment and the sales of the actual period, and an inverse relationship with costs

Modelo de diseño de la longitud de los carriles de deceleración paralelos, basado en el desarrollo y la aplicación de un indicador de la conflictividad de las maniobras de salida