| ID | 120119 |
| Title Proper | Firm exit and armed conflict in Colombia |
| Language | ENG |
| Author | Camacho, Adriana ; Rodriguez, Catherine |
| Publication | 2013. |
| Summary / Abstract (Note) | This article uses two unique panel data sets to study the causal effect that armed conflict has over firm exit in Colombia. Using a fixed-effect estimation methodology at the plant level and controlling for the possible endogeneity of armed conflict through the use of instrumental variables, we find that a one-standard deviation (SD) increase in the number of guerrilla and paramilitary attacks in a municipality increases the probability of plant exit in 5.5 percentage points or .28 SD. This effect is stronger for younger manufacturing plants, with a smaller number of workers and low levels of capital. |
| `In' analytical Note | Journal of Conflict Resolution Vol. 57, No.1; Feb 2013: p.89-116 |
| Journal Source | Journal of Conflict Resolution Vol. 57, No.1; Feb 2013: p.89-116 |
| Key Words | Conflict ; Firm Exit ; Entrepreneurship ; Colombia |