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    Bulletin 21-5 Firm Dynamism and Productivity

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    Date:16 November 2021 
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    The COVID-19 pandemic has impacted every aspect of our society and our economy, including the creation of new enterprises and the cessation of activities in enterprises that no longer have a market for their goods or services. This NCPC Bulletin examines the implications of these firm dynamics on the competitiveness and productivity of the Irish economy.

     

    A functioning business environment, where labour and capital resources are efficiently reallocated to the most productive activities, is crucial for long-run aggregate productivity growth, and appropriate policies are required to support enterprises through the whole life cycle, from start-up, through the growth phase, to closure.

     

    The bulletin can be accessed here.

    The accompanying press release is available here.