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The impact of the Syrian refugee crisis on firm entry and performance in Turkey

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  • Akgunduz,Yusuf Emre
  • van den Berg,Marcel
  • Hassink,Wolter

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.

Suggested Citation

  • Akgunduz,Yusuf Emre & van den Berg,Marcel & Hassink,Wolter, 2018. "The impact of the Syrian refugee crisis on firm entry and performance in Turkey," Policy Research Working Paper Series 8323, The World Bank.
    • Handle: RePEc:wbk:wbrwps:8323
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