Arbeitspapier

Consequences of a Massive Refugee Influx on Firm Performance and Market Structure

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 firms' 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 migrants' 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.

Sprache
Englisch

Erschienen in
Series: CReAM Discussion Paper Series ; No. 03/22

Klassifikation
Wirtschaft
Economics of Minorities, Races, Indigenous Peoples, and Immigrants; Non-labor Discrimination
Geographic Labor Mobility; Immigrant Workers
Trade and Labor Market Interactions
Production, Pricing, and Market Structure; Size Distribution of Firms
Thema
refugees
firm performance
market structure
sales
informality
exports
migrant business networks

Ereignis
Geistige Schöpfung
(wer)
Akgunduz, Yusuf Emre
Bagir, Yusuf Kenan
Cilasun, Seyit Mumin
Kirdar, Murat Guray
Ereignis
Veröffentlichung
(wer)
Centre for Research & Analysis of Migration (CReAM), Department of Economics, University College London
(wo)
London
(wann)
2022

Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Akgunduz, Yusuf Emre
  • Bagir, Yusuf Kenan
  • Cilasun, Seyit Mumin
  • Kirdar, Murat Guray
  • Centre for Research & Analysis of Migration (CReAM), Department of Economics, University College London

Entstanden

  • 2022

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