Insolvency Regimes, Technology Diffusion and Productivity Growth: Evidence from Firms in OECD Countries
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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This paper explores the link between the design of insolvency regimes across countries and laggard firms’ multi-factor productivity (MFP) growth, using new OECD indicators of the design of insolvency regimes. Firm-level analysis shows that reforms to insolvency regimes that lower barriers to corporate restructuring are associated with higher MFP...
