Firm Exit and Armed Conflict in Colombia
Firm Exit and Armed Conflict in Colombia
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DOI：
10.1177/0022002712464848
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发表时间：
2013-02-01
影响因子：
3.1
通讯作者：
Rodriguez, Catherine
中科院分区：
文献类型：
--
作者：
Camacho, Adriana;Rodriguez, Catherine
本文使用两个独特的面板数据集来研究武装冲突对哥伦比亚坚定退出的因果影响。在工厂层面使用固定效应估计方法，并通过使用工具变量控制武装冲突可能的内生性，我们发现，一个城市的游击队和准军事袭击数量每增加一个标准差 (SD)，工厂退出的概率就会增加 5.5 个百分点或 0.28 SD。对于工人数量较少、资本水平较低的较年轻的制造工厂来说，这种效应更为明显。
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.