000 02267cam a22003734a 4500
001 6640
003 The World Bank
006 m d
007 cr cn|||||||||
008 020129s2013 dcu i001 0 eng
024 8 _a10.1596/1813-9450-6640
035 _a(The World Bank)6640
100 1 _aKlapper, Leora
245 1 0 _aCivil Conflict and Firm Performance
_h[electronic resource] :
_bEvidence from Cote D'Ivoire /
_cKlapper, Leora
260 _aWashington, D.C.,
_bThe World Bank,
_c2013
300 _a1 online resource (51 p.)
520 3 _aThis paper investigates the impact of political instability and civil conflict on firms. It studies the unrest in Cote d'Ivoire that began in 2000, using a census of all registered firms for the years 1998-2003. The analysis uses structural estimates of the production function and exploits spatial variations in conflict intensity to derive the cost of conflict on firms in terms of productivity loss. The results indicate that the conflict led to an average 16-23 percent drop in firm total factor productivity and the decline is 5-10 percentage points larger for firms that are owned by or employing foreigners. These results are consistent with anecdotal evidence of increasing violent attacks and looting of foreigners and their businesses during the conflict. The results suggest increases in operating costs is a possible channel driving this impact. Finally, the paper investigates whether firms responded by hiring fewer foreign workers and finds evidence supporting this hypothesis.
650 4 _aCivil Conict
650 4 _aE-Business
650 4 _aEconomic Theory & Research
650 4 _aFinance and Financial Sector Development
650 4 _aForeign Ownership
650 4 _aLabor Policies
650 4 _aPost Conflict Reconstruction
650 4 _aPrivate Sector Development
650 4 _aProductivity
651 4 _aAfrica
700 1 _aKlapper, Leora
700 1 _aRichmond, Christine
700 1 _aTran, Trang
776 1 8 _aPrint version:
_iKlapper, Leora
_tCivil Conflict and Firm Performance.
_dWashington, D.C. : The World Bank, 2013
830 0 _aPolicy research working papers.
830 0 _aWorld Bank e-Library.
856 4 0 _uhttp://elibrary.worldbank.org/doi/book/10.1596/1813-9450-6640
999 _c25840
_d25840