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.
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| http://www.ncbi.nlm.nih.gov/pmc/articles/PMC9754782 | PMC |
| http://dx.doi.org/10.1016/j.econlet.2021.109869 | DOI Listing |
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