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The COVID‑19 shock and productivity‑enhancing reallocation in Australia: Real‑time evidence from Single Touch Payroll

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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/the-covid-19-shock-and-productivity-enhancing-reallocation-in-australia-real-time-evidence-from-single-touch-payroll_2f6e7cb1-en.html
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The consequences of the pandemic for potential output will partly hinge on its impact on high productivity firms, and more generally the ongoing process of productivity-enhancing reallocation – the rate at which scarce resources are reallocated from less productive to more productive firms. While Schumpeter (1939) originally proposed that...
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