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...

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Bibliographic Details
Main Authors: Muzi, Silvia, Jolevski, Filip, Ueda, Kohei, Viganola, Domenico
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
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