Consequences of a Massive Refugee Influx on Firm Performance and Market Structure
Yusuf Emre AkgÃ¼ndÃ¼z (),
Yusuf Kenan BaÄŸÄ±r (),
Seyit MÃ¼min CÄ±lasun () and
Murat GÃ¼ray KÄ±rdar ()
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Yusuf Emre AkgÃ¼ndÃ¼z: Yusuf Emre AkgÃ¼ndÃ¼z
Yusuf Kenan BaÄŸÄ±r: Yusuf Kenan BaÄŸÄ±r
Seyit MÃ¼min CÄ±lasun: Seyit MÃ¼min CÄ±lasun
Murat GÃ¼ray KÄ±rdar: Murat GÃ¼ray KÄ±rdar
Authors registered in the RePEc Author Service: Murat Güray Kırdar,
Yusuf Emre Akgunduz,
Seyit Mümin Cilasun () and
Yusuf Kenan Bağır
No 2203, CReAM Discussion Paper Series from Centre for Research and Analysis of Migration (CReAM), Department of Economics, University College London
This study combines an administrative dataset of the full population of Turkish firms and the setting of the sudden mass migration of Syrian refugees to Turkey to identify the effect of migrants on firm performance and market structure. We find that economic activity increases in hosting regions, but negative implications exist for long-term productivity. As a result of the migrant shock, exiting firms expand and new firms are established; however, the resulting market structure shows less concentration. Quantitatively, a 10 percentage-point rise in the migrant-to-native ratio increases firm sales by 3.8% and the number of active firms by 5.8%, but reduces firmsâ€™ average market share by 4.1%. We further document an increase in the export volume and variety of exported products to the Middle East and North Africa (MENA) region. In addition, a decline in export prices is observed, implying a rise in the competitiveness of exporting firms. We also uncover evidence for an effect of migrantsâ€™ skills and networks on exports, as the export value and variety of products to the MENA region increase more than those to the EU region while the prices of products exported to the two regions show similar changes.
Keywords: refugees; firm performance; market structure; sales; informality; exports; migrant business networks. (search for similar items in EconPapers)
JEL-codes: F16 J15 J61 L11 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ara, nep-bec, nep-cwa, nep-int, nep-iue, nep-lab and nep-ure
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Journal Article: Consequences of a massive refugee influx on firm performance and market structure (2023)
Working Paper: Consequences of a Massive Refugee Influx on Firm Performance and Market Structure (2021)
Working Paper: Consequences of a Massive Refugee Influx on Firm Performance and Market Structure (2020)
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Persistent link: https://EconPapers.repec.org/RePEc:crm:wpaper:2203
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