Industrial Variety, Firms and Resilience
Studies in Business and Economics
; 17(2):141-159, 2022.
Article
in English
| Web of Science | ID: covidwho-2071044
ABSTRACT
Recessions and natural disasters continually slow down the economy. The scale of the effects depends on the origin of the crisis, the response capacity, among other factors. The objective of this article was to study the impact of the recession due to covid-19 on business creation. Using indicators of related and unrelated variety, the industrial diversity of 16 states of Mexico was measured. The main source of information was administrative data. The results show that a region with higher related industrial diversity has greater resilience and more firms. In times of crisis, these results could be used to assess the loss of businesses, given the type and scale of industrial variety.
Full text:
Available
Collection:
Databases of international organizations
Database:
Web of Science
Language:
English
Journal:
Studies in Business and Economics
Year:
2022
Document Type:
Article
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