Productivity of firms using relief policies during the COVID-19 crisis
Economics Letters, 2021, vol. 203, issue C
This study, based on an original survey of Japanese firms, analyzes the productivity of firms that used relief policy measures during the COVID-19 pandemic. The productivity of firms using these relief measures was lower than that of non-user firms prior to the pandemic, suggesting that inefficient firms have been affected seriously. The result cautions against the excessive and prolonged relief policies.
Keywords: COVID-19; Relief policies; Productivity; Cleansing effect; Reallocation effect (search for similar items in EconPapers)
JEL-codes: D24 H25 L25 (search for similar items in EconPapers)
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Working Paper: Productivity of Firms Using Relief Policies During the COVID-19 Crisis (2021)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:203:y:2021:i:c:s0165176521001464
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