The Impact of the Syrian Refugee Crisis on Firm Entry and Performance in Turkey

33 Pages Posted: 31 Jan 2018

See all articles by Yusuf Emre Akgunduz

Yusuf Emre Akgunduz

Government of the Republic of Turkey - Central Bank of the Republic of Turkey

Marcel van den Berg

Statistics Netherlands

Wolter Hassink

Utrecht University

Date Written: January 30, 2018

Abstract

This study analyses how the Syrian refugee inflows into turkey affected firm entry and performance. To estimate the casual effects, instrumental variables, difference-indifferences and synthetic control methodologies are used. The results suggest that hosting refugees is favourable for firms. Total firm entry does not seem to be significantly affected. However, there is a substantial increase in the number of new foreign-owned firms. In line with the increase in new foreign-owned firms, there is some indication of growth in gross profits and net sales.

Keywords: Technology Industry, Technology Innovation

Suggested Citation

Akgunduz, Yusuf Emre and van den Berg, Marcel and Hassink, Wolter, The Impact of the Syrian Refugee Crisis on Firm Entry and Performance in Turkey (January 30, 2018). World Bank Policy Research Working Paper No. 8323, Available at SSRN: https://ssrn.com/abstract=3113874

Yusuf Emre Akgunduz (Contact Author)

Government of the Republic of Turkey - Central Bank of the Republic of Turkey ( email )

Istiklal Cad. 10 Ulus
06100 Ankara, Ankara 06050
Turkey

Marcel Van den Berg

Statistics Netherlands ( email )

CBS-weg 11
Heerlen, Limburg 6412 EX
Netherlands

Wolter Hassink

Utrecht University ( email )

Vredenburg 138
Utrecht, 3511 BG
Netherlands

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