Zombie Firms and the Crowding-Out of Private Investment in China*

By Yuyan Tan, Yiping Huang, W. Woo. Asian Economic Papers, 2016

132 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/6e38cf711b7dfc12ea38f3b2be97bff35d841869

Citations in the corpus

• Risks in China's Financial System (2018, unknown): “Tan, Huang, and Woo (2016) estimate that removing zombie firms, which are mostly insolvent SOEs that are kept alive by bank credit, would lift China’s TFP by 1.06 percentage points a year.”