@techreport{Camacho2010Firm,
abstract = {This paper uses two unique panel data sets to study the causal effect that armed conflict has over entrepreneurial activity 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 in the number of guerrilla and paramilitary attacks in a municipality increases the probability of firm exit in 8.1 percentage points. This effect is stronger for smaller plants and has a differential impact with respect to firms' age.},
address = {Helsinki},
author = {Andriana Camacho and Catherine Rodriguez},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
isbn = {978-92-9230-332-7},
keywords = {D21; J31; R30; 330; conflict; firm exit; entrepreneurship; Colombia},
language = {eng},
number = {2010,94},
publisher = {WIDER},
title = {Firm exit and armed conflict in Colombia},
type = {Working paper // World Institute for Development Economics Research},
url = {http://hdl.handle.net/10419/54163},
year = {2010}
}
