We study the consequences of the COVID-19 pandemic on productivity by matching firm performance outcomes with … led to a significant short-term decline in productivity predominantly driven by the within-firm growth component. A … non-viable firms. However, government subsidies appear to have had a limited effect on aggregate productivity developments. …

This paper studies the short-term and long-term consequences of the COVID-19 pandemic for productivity in Europe … exercise. Productivity trends during the COVID-19 pandemic differed from past trends. Labour productivity per hour worked … temporarily increased, while productivity per employee declined across sectors given the widespread use of job retention schemes …

This paper examines the labour market impacts of Finland's initial COVID-19 subsidy program, designed to mitigate the … subsidies reduced labour productivity in treated firms, potentially hindering creative destruction. At the worker level … salaries and a higher likelihood of being employed. However, these workers were more likely to be employed in lower-productivity …