Firms in emerging markets fall to Covid-19

Djankov, Simeon ORCID: 0000-0002-0822-6456 (2020) Firms in emerging markets fall to Covid-19. LSE Business Review (08 Sep 2020). Blog Entry.

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Abstract

Economists associate the mass distress of firms during recessions with Joseph Schumpeter’s creative destruction theory, which says that during downturns small, less efficient, younger firms are the ones to exit the market. Their exit allows for more efficient firms to expand, lifting overall productivity.

Item Type:	Online resource (Blog Entry)
Official URL:	https://blogs.lse.ac.uk/businessreview/
Additional Information:	© 2020 The Author(s)
Divisions:	LSE Financial Markets Group
Subjects:	H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management R Medicine > RA Public aspects of medicine > RA0421 Public health. Hygiene. Preventive Medicine
Date Deposited:	12 Oct 2020 11:51
Last Modified:	01 Nov 2024 04:06
URI:	http://eprints.lse.ac.uk/id/eprint/106771

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