Giving zombie firms a second chance: An assessment of the reform of the Portuguese insolvency framework
In most advanced economies productivity growth has been hampered by barriers that allow zombie firms to survive. We examine the effectiveness of institutional reforms in Portugal that were aimed to improve efficiency in insolvency framework. Estimates show that reallocation barriers declined. The re...
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| Other Authors: | , |
| Format: | other |
| Language: | eng |
| Published: |
2022
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10316/99866 |
| Country: | Portugal |
| Oai: | oai:estudogeral.sib.uc.pt:10316/99866 |