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Peaceful Entry: Entrepreneurship Dynamics during Colombia's Peace Agreement

dc.contributor.gruplacGrupo de investigaciones. Facultad de Economía. Universidad del Rosarioes
dc.creatorBernal, Carolina
dc.creatorOrtiz, Mónica
dc.creatorPrem, Mounu
dc.creatorVargas Duque, Juan Fernando
dc.date.accessioned2022-01-20T18:37:00Z
dc.date.available2022-01-20T18:37:00Z
dc.date.created2022-01-18
dc.date.issued2022-01-01
dc.description.abstractWhile there is a large literature on how conflict affects entrepreneurship and private investment, much less is known about how the end of a conflict affects businesses and firms' creation. A priory, the direction of the effect is not obvious, as conflicts bequest poverty traps and inequality that reduce the returns of investment, and the territorial vacuum of power that is inherent to most post-conflict situations may trigger new violent cycles. Studying Colombia's recent peace agreement and using a difference-in-differences empirical strategy, we document that dynamics of entrepreneurship in traditionally violent areas closely mapped the politics that surrounded the peace agreement. When the agreement was imminent after a 5-decade conflict and violence had plummeted, local investors from all economic sectors established new firms and created more jobs. Instead, when the agreement was rejected by a tiny vote margin in a referendum and the party that promoted this rejection raised to power, the rate of firms' creation rapidly reversed.es
dc.format.extent39 ppes
dc.format.mimetypeapplication/pdf
dc.identifier.doihttps://doi.org/10.48713/10336_33434
dc.identifier.urihttps://repository.urosario.edu.co/handle/10336/33434
dc.language.isoenges
dc.publisherUniversidad del Rosario
dc.publisher.departmentFacultad de Economía
dc.relation.urihttps://ideas.repec.org/p/col/000092/019938.html
dc.rights.accesRightsinfo:eu-repo/semantics/openAccesses
dc.rights.accesoAbierto (Texto Completo)es
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dc.source.instnameinstname:Universidad del Rosario
dc.source.reponamereponame:Repositorio Institucional EdocUR
dc.subject.ddcEconomía laborales
dc.subject.jelD74, D22es
dc.subject.keywordConflictes
dc.subject.keywordPeace Agreementes
dc.subject.keywordFirm entryes
dc.subject.keywordColombiaes
dc.titlePeaceful Entry: Entrepreneurship Dynamics during Colombia's Peace Agreementes
dc.typeworkingPapereng
dc.type.hasVersioninfo:eu-repo/semantics/draft
dc.type.spaDocumento de trabajospa
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