Schumpeter meets Goldilocks: the scarring effects of firm destruction

This paper uncovers an inverted U-shaped relationship between firm exit and total factor productivity (TFP) growth using Spanish data. At low levels of firm exit, Schumpeterian cleansing effects dominate and the effect of firm destruction on TFP is positive, but when exit rates are very high, this e...

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Detalles Bibliográficos
Autores principales: González, Beatriz, Moral-Benito, Enrique, Soler, Isabel
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Berlin Heidelberg 2023
Materias:
Original Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9994775/
https://www.ncbi.nlm.nih.gov/pubmed/37361916
http://dx.doi.org/10.1007/s13209-023-00273-3

Internet

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9994775/
https://www.ncbi.nlm.nih.gov/pubmed/37361916
http://dx.doi.org/10.1007/s13209-023-00273-3

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