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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Автор: Pelli, Martino
Інші автори: Bezmaternykh, Natalia, Eklou, Kodjovi, Tschopp, Jeanne
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2020.
Серія:IMF Working Papers; Working Paper ; No. 2020/203
Онлайн доступ:Full text available on IMF