The effect of internal forced displacement on small and medium enterprises in the host community, in case of Amhara region, Ethiopia

Journal of Innovation and Entrepreneurship

A Systems View Across Time and Space

Table 3 Effect of forced internal displacement on small and medium enterprises exit and entry

Dependent variable in logs	Small enterprises		Medium enterprises
Dependent variable in logs	Entry	Exit	Entry	Exit
Panel A: OLS
Percentage share of IFDP	0.120*	0.0015**	− 0.003	0.023**
	(0.0032)	(0.0006)	(0.056)	(0.0037)
Adj. R. squared	0.06	0.06	0.15	0.15
Panel B: 2SLS
Percentage share of IFDP	0.223	0.0035***	− 0.099	0.0029**
	(0.071)	(0.0012)	(0.029)	(0.0008)
Panel C
First stage dependent variable	Percentage share of IDPs
Predicted internal displaced inflows	1.003***	0.990***	1.012***	1.026***
	(0.0012)	(0.051)	(0.067)	(0.0024)
First stage F. Statistic	26.3	26.3	24.9	24.9
Observations (for all panels)	908	628	740	456

Each coefficient corresponds to a separate regression and all panels include controls for zone and year fixed effects. The standard errors clustered at the zonal level are shown in the parenthesis. *** Represents the significant level at 1%, ** represents significant at 5% and * represents significance at 10*