2018
DOI: 10.1093/wber/lhx021
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Abstract: We analyze how the Syrian refugee inflows into Turkey affected firm entry and performance. To estimate the causal effects, we use instrumental variables, difference-in-differences, and synthetic control methodologies. The results suggest that hosting refugees is favorable 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 growt… Show more

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Cited by 53 publications
(24 citation statements)
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“…Recent influx of Syrian refugees to Turkey allows researchers to construct quasi-experimental designs for the purpose of estimating the impact of immigration on natives' outcomes. Del Carpio and Wagner (2015) and Ceritoglu, Gurcihan Yunculer, Torun, and Tumen (2017) focus on labor market outcomes, Balkan and Tumen (2016) study the impact on consumer prices, Altindag and Kaushal (2017) concentrate on voting behavior, Akgunduz, Hassink, and Van den Berg (2018) and Altindag, Bakis, and Rozo (2018) investigate the impact on firm openings and economic performance, and Akgunduz, van den Berg, and Hassink (2015) explore the impact on a broader set of outcomes using aggregate data. Our paper is the first one in the literature studying the impact of the Syrian refugee influx on housing markets with micro data.…”
Section: Related Literaturementioning
confidence: 99%
“…Recent influx of Syrian refugees to Turkey allows researchers to construct quasi-experimental designs for the purpose of estimating the impact of immigration on natives' outcomes. Del Carpio and Wagner (2015) and Ceritoglu, Gurcihan Yunculer, Torun, and Tumen (2017) focus on labor market outcomes, Balkan and Tumen (2016) study the impact on consumer prices, Altindag and Kaushal (2017) concentrate on voting behavior, Akgunduz, Hassink, and Van den Berg (2018) and Altindag, Bakis, and Rozo (2018) investigate the impact on firm openings and economic performance, and Akgunduz, van den Berg, and Hassink (2015) explore the impact on a broader set of outcomes using aggregate data. Our paper is the first one in the literature studying the impact of the Syrian refugee influx on housing markets with micro data.…”
Section: Related Literaturementioning
confidence: 99%
“…By contrast, Docquier et al (2014) find that immigration has a positive effect on the wages of less educated natives (in the OECD) and it may increase average wages for natives. More recent evidence shows that Syrian refugees may lead to openings of firms and growth in gross profits in Turkey (Akgündüz et al 2018).…”
Section: Introductionmentioning
confidence: 99%
“…A unique example of a country where such uncertainties are observed is Turkey since the Great Recession of 2007-2009. With rapidly increasing urbanization rates (from 59 per cent in 1990 to 78 per cent in 2013) (Ceritoglu and Eren, 2014), two post-modern coups (28 February 1997 and27 April 2007), minor and major economic crises (Ozatay, 2000;Ozkan, 2005), regime changes, as well as a military coup attempt on 15 July 2015, Turkey is an emerging economy with economic and political uncertainties. In addition, the recent Syrian conflict, which also has significant spill-over effect on Turkey and its economy, as well as an influx of Syrian immigrants into Turkey have put pressure not only onto the country but also the enterprises (Akgündüz et al, 2018;Bozzoli et al, 2013;Maystadt and Verwimp, 2014).…”
Section: Introductionmentioning
confidence: 99%