|
|
|
|
| LEADER |
02483nmm a2200421 u 4500 |
| 001 |
EB002178845 |
| 003 |
EBX01000000000000001316379 |
| 005 |
00000000000000.0 |
| 007 |
cr||||||||||||||||||||| |
| 008 |
231006 ||| eng |
| 100 |
1 |
|
|a Bruhn, Miriam
|
| 245 |
0 |
0 |
|a Competition and Firm Recovery Post-COVID-19
|h Elektronische Ressource
|c Miriam Bruhn
|
| 260 |
|
|
|a Washington, D.C
|b The World Bank
|c 2021
|
| 300 |
|
|
|a 42 pages
|
| 653 |
|
|
|a COVID-19
|
| 653 |
|
|
|a Macroeconomics and Economic Growth
|
| 653 |
|
|
|a Business Cycles and Stabilization Policies
|
| 653 |
|
|
|a Firm Competition
|
| 653 |
|
|
|a Productivity
|
| 653 |
|
|
|a Private Sector Economics
|
| 653 |
|
|
|a Enterprise Survey
|
| 653 |
|
|
|a Health, Nutrition and Population
|
| 653 |
|
|
|a Disease Control and Prevention
|
| 653 |
|
|
|a Creative Destruction
|
| 653 |
|
|
|a Coronavirus
|
| 653 |
|
|
|a Pandemic Response
|
| 653 |
|
|
|a Private Sector Development
|
| 653 |
|
|
|a Government Support
|
| 653 |
|
|
|a Competitiveness and Competition Policy
|
| 653 |
|
|
|a Economic Recovery
|
| 700 |
1 |
|
|a Demirguc-Kunt, Asli
|
| 700 |
1 |
|
|a Singer, Dorothe
|
| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
|
| 989 |
|
|
|b WOBA
|a World Bank E-Library Archive
|
| 028 |
5 |
0 |
|a 10.1596/1813-9450-9851
|
| 856 |
4 |
0 |
|u http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-9851
|x Verlag
|3 Volltext
|
| 082 |
0 |
|
|a 330
|
| 520 |
|
|
|a This paper examines the impact of the COVID-19 crisis on the reallocation of economic activity across firms, and whether this reallocation depends on the competition environment. The paper uses the World Bank's Enterprise Surveys COVID-19 Follow-up Surveys for about 8,000 firms in 23 emerging and developing countries in Europe and Central Asia, matched with 2019 Enterprise Surveys data. It finds that during the COVID-19 crisis, economic activity was reallocated toward firms with higher pre-crisis labor productivity. Countries with a strong competition environment experienced more reallocation from less productive to more productive firms than countries with a weak competition environment. The evidence also suggests that reallocation from low- to high-productivity firms during the COVID-19 crisis was stronger compared with pre-crisis times. Finally, the analysis shows that government support measures implemented in response to the crisis may have adverse effects on competition and productivity growth since support went to less productive and larger firms, regardless of their pre-crisis innovation
|