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Losing to Blackouts: Evidence from Firm Level Data
Daniel GuraraDawit Tessema
出版International Monetary Fund, 2018-07-10
主題Business & Economics / Production & Operations ManagementBusiness & Economics / Investments & Securities / Commodities / Energy
ISBN14843639739781484363973
URLhttp://books.google.com.hk/books?id=mbUZEAAAQBAJ&hl=&source=gbs_api
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註釋Many developing economies are often hit by electricity crises either because of supply constraints or lacking in broader energy market reforms. This study uses manufacturing firm census data from Ethiopia to identify productivity losses attributable to power disruptions. Our estimates show that these disruptions, on average, result in productivity losses of about 4–10 percent. We found nonlinear productivity losses at different quantiles along the productivity distribution. Firms at higher quantiles faced higher losses compared to firms around the median. We observed patterns of systematic shutdowns as firms attempt to minimize losses.