In the Eye of the Storm Firms and Capital Destruction in India /

This paper examines the response of firms to capital destruction, using a new measure of firm exposure to tropical storms as a negative exogenous shock on firms' capital stock. Drawing on a panel of Indian manufacturing firms between 1995 and 2006, we establish that, depending on their strength...

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Bibliographic Details
Main Author: Pelli, Martino
Other Authors: Bezmaternykh, Natalia, Eklou, Kodjovi, Tschopp, Jeanne
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2020.
Series:IMF Working Papers; Working Paper ; No. 2020/203
Online Access:Full text available on IMF