Productivity and Firm Exit during the COVID-19 Crisis : Cross-Country Evidence
This paper examines whether the economic crisis induced by the COVID-19 pandemic exhibits a Schumpeterian “cleansing” of less productive firms. Using firm-level data for 31 economies, the study finds that less productive firms have a higher probabi...
Main Authors: | , , , |
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Language: | English |
Published: |
World Bank, Washington, DC
2021
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Online Access: | http://documents.worldbank.org/curated/en/267581621869749674/Productivity-and-Firm-Exit-during-the-COVID-19-Crisis-Cross-Country-Evidence http://hdl.handle.net/10986/35632 |