Epidemics and rapacity of multinational companies
Sonno, T. & Zufacchi, D.
(2022).
Epidemics and rapacity of multinational companies.
(CEP Discussion Papers 1833).
London School of Economics and Political Science. Centre for Economic Performance.
Do multinationals engage in rent-seeking behaviour in developing countries during crises? With a difference in discontinuity approach, we use the Ebola epidemic in Liberia as a natural experiment on the sharp increase in deforestation, which produced a dramatic growth in newly planted palm oil trees and a 1428% increase in palm oil exports. We show that the probability of forest fire - the fastest way to clear forests and start new production - increased by 125% in the same period. Both effects are amplified in areas populated by ethnic minorities.
| Item Type | Working paper |
|---|---|
| Copyright holders | © 2022 The Authors |
| Departments | LSE > Research Centres > Centre for Economic Performance |
| Date Deposited | 09 Jan 2023 |
| URI | https://researchonline.lse.ac.uk/id/eprint/117802 |