The life and death of zombies: Evidence from government subsidies to firms
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Cited by:
- Tuuli, Saara, 2023. "Who funds zombie firms: Banks or non-banks?," Bank of Finland Research Discussion Papers 2/2023, Bank of Finland.
- Álvarez, Laura & García-Posada, Miguel & Mayordomo, Sergio, 2023.
"Distressed firms, zombie firms and zombie lending: A taxonomy,"
Journal of Banking & Finance, Elsevier, vol. 149(C).
- Laura Álvarez & Miguel García-Posada & Sergio Mayordomo, 2022. "Distressed firms, zombie firms and zombie lending: a taxonomy," Working Papers 2219, Banco de España.
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More about this item
Keywords
Zombies; Misallocation; Firm exit; Firm growth; Subsidies; Productivity;All these keywords.
JEL classification:
- D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
- D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
- G33 - Financial Economics - - Corporate Finance and Governance - - - Bankruptcy; Liquidation
- H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies
- L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
- L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
- O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
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