Please use this identifier to cite or link to this item:
https://hdl.handle.net/10316/104762
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Carreira, Carlos | - |
dc.contributor.author | Teixeira, Paulino | - |
dc.contributor.author | Nieto-Carrillo, Ernesto | - |
dc.date.accessioned | 2023-01-24T16:02:44Z | - |
dc.date.available | 2023-01-24T16:02:44Z | - |
dc.date.issued | 2022-12 | - |
dc.identifier.issn | 0313-5926 | pt |
dc.identifier.uri | https://hdl.handle.net/10316/104762 | - |
dc.description.abstract | 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 reforms appear to have larger and more effective results in zombie recovery than in exit. Firm size plays a major role in tackling zombie-entrenchment. The decline in barriers has also implied a lower distortion in the economy-wide selection process. The new setting seems to be more desirable than forcing zombie exit at all costs. | pt |
dc.language.iso | eng | pt |
dc.publisher | Elsevier | pt |
dc.relation | Project ENtRY (PTDC/EGE-ECO/31117/2017) | pt |
dc.relation | UIDB/05037/2020 | pt |
dc.rights | openAccess | pt |
dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/4.0/ | pt |
dc.subject | Insolvency regimes | pt |
dc.subject | Zombie firms | pt |
dc.subject | Productivity | pt |
dc.subject | Reallocation barriers | pt |
dc.subject | Firm exit | pt |
dc.subject | Restructuring | pt |
dc.title | Giving zombie firms a second chance: An assessment of the reform of the Portuguese insolvency framework | pt |
dc.type | article | - |
degois.publication.firstPage | 156 | pt |
degois.publication.lastPage | 181 | pt |
degois.publication.title | Economic Analysis and Policy | pt |
dc.relation.publisherversion | https://doi.org/10.1016/j.eap.2022.08.003 | pt |
dc.peerreviewed | yes | pt |
dc.identifier.doi | j.eap.2022.08.003 | pt |
degois.publication.volume | 76 | pt |
dc.date.embargo | 2022-12-01 | * |
uc.date.periodoEmbargo | 0 | pt |
item.grantfulltext | open | - |
item.cerifentitytype | Publications | - |
item.languageiso639-1 | en | - |
item.openairetype | article | - |
item.openairecristype | http://purl.org/coar/resource_type/c_18cf | - |
item.fulltext | Com Texto completo | - |
crisitem.author.researchunit | Group for Monetary and Financial Studies | - |
crisitem.author.researchunit | CeBER – Centre for Business and Economics Research | - |
crisitem.author.researchunit | Group for Monetary and Financial Studies | - |
crisitem.author.researchunit | CeBER – Centre for Business and Economics Research | - |
crisitem.author.orcid | 0000-0002-4786-5605 | - |
crisitem.author.orcid | 0000-0002-1285-6776 | - |
Appears in Collections: | I&D CeBER - Artigos em Revistas Internacionais |
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File | Description | Size | Format | |
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1-s2.0-S0313592622001205-main.pdf | 1.52 MB | Adobe PDF | View/Open |
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