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008230323t20232023oncd    obs  f000 0 eng d
040 |aCaOODSP|beng|erda|cCaOODSP
043 |an-cn---
0861 |aCS36-28-0001/2023-3-3E-PDF
1001 |aAmundsen, Alexander, |eauthor.
24510|aZombie firms in Canada / |cby Alexander Amundsen, Amélie Lafrance-Cooke and Danny Leung.
264 1|a[Ottawa] : |bStatistics Canada = Statistique Canada, |c2023.
264 4|c©2023
300 |a1 online resource (21 pages) : |bgraphs.
336 |atext|btxt|2rdacontent
337 |acomputer|bc|2rdamedia
338 |aonline resource|bcr|2rdacarrier
4901 |aEconomic and social reports, |x2563-8955 ; |vVol. 3, no. 3, March 2023
500 |aCover title.
500 |a"Release date: March 22, 2023."
500 |aAt head of title: Research article.
500 |aIssued also in French under title: Les entreprises zombies au Canada.
504 |aIncludes bibliographical references (pages 19-21).
5203 |a"The literature shows that zombie firms can lower aggregate productivity, impede reallocation and constrain the growth of healthy firms. In Canada and other advanced economies, the share of zombie firms has been rising over the past few decades, with recent studies showing that the share in Canada could potentially be the highest in the world. However, these studies of the Canadian context are based only on publicly traded Canadian firms. This paper presents new evidence on zombification using Canadian-controlled private corporations and publicly traded firms. The paper finds that the zombie share among all firms is considerably lower and diverging in trend. However, a number of notable results show that zombies are increasingly showing up in the mining, quarrying, and oil and gas extraction sector; they are accounting for more resources over time; their performance and productivity are worsening; they are negatively impacting the productivity and growth of healthy firms; and they are increasingly lowering aggregate productivity by a sizable margin"--Abstract, page 1.
650 0|aBusiness enterprises|zCanada|xFinance|vStatistics.
650 0|aCorporate debt|zCanada|vStatistics.
655 7|aStatistics|2lcgft
7102 |aStatistics Canada, |eissuing body.
77508|tLes entreprises zombies au Canada / |w(CaOODSP)9.921246
830#0|aEconomic and social reports (Statistics Canada)|x2563-8955 ; |vVol. 3, no. 3, March 2023.|w(CaOODSP)9.895760
85640|qPDF|s833 KB|uhttps://publications.gc.ca/collections/collection_2023/statcan/36-28-0001/CS36-28-0001-2023-3-3-eng.pdf
8564 |qHTML|sN/A|uhttps://www150.statcan.gc.ca/n1/pub/36-28-0001/2023003/article/00003-eng.htm