five

Fear the walking dead: Zombie firms, spillovers and exit barriers

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Organisation for Economic Co-operation and Development2026-04-11 收录
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https://www.oecd.org/en/publications/fear-the-walking-dead_e6c6e51d-en.html
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Productivity growth is slowing down among OECD countries, coupled with increased misallocation of resources. A recent strand of literature focuses on the role of non-viable firms (“zombie firms”) to explain these developments. Using a rich firm-level dataset for one of the OECD countries with the largest drop in barriers to firm exit and...
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