Industrial Variety, Firms and Resilience
Recessions and natural disasters continually slow down the economy. The scale of the effects depends on the origin of the crisis, the response capacity, among other factors. The objective of this article was to study the impact of the recession due to covid-19 on business creation. Using indicators...
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Format: | Article |
Language: | English |
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Sciendo
2022-08-01
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Series: | Studies in Business and Economics |
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Online Access: | https://doi.org/10.2478/sbe-2022-0030 |
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author | Kato-Vidal Enrique L. |
author_facet | Kato-Vidal Enrique L. |
author_sort | Kato-Vidal Enrique L. |
collection | DOAJ |
description | Recessions and natural disasters continually slow down the economy. The scale of the effects depends on the origin of the crisis, the response capacity, among other factors. The objective of this article was to study the impact of the recession due to covid-19 on business creation. Using indicators of related and unrelated variety, the industrial diversity of 16 states of Mexico was measured. The main source of information was administrative data. The results show that a region with higher related industrial diversity has greater resilience and more firms. In times of crisis, these results could be used to assess the loss of businesses, given the type and scale of industrial variety. |
first_indexed | 2024-04-12T14:56:32Z |
format | Article |
id | doaj.art-d3217d2177274e2e8efa15921e1d41c4 |
institution | Directory Open Access Journal |
issn | 2344-5416 |
language | English |
last_indexed | 2024-04-12T14:56:32Z |
publishDate | 2022-08-01 |
publisher | Sciendo |
record_format | Article |
series | Studies in Business and Economics |
spelling | doaj.art-d3217d2177274e2e8efa15921e1d41c42022-12-22T03:28:14ZengSciendoStudies in Business and Economics2344-54162022-08-0117214115910.2478/sbe-2022-0030Industrial Variety, Firms and ResilienceKato-Vidal Enrique L.0Universidad Autónoma de Querétaro, MéxicoRecessions and natural disasters continually slow down the economy. The scale of the effects depends on the origin of the crisis, the response capacity, among other factors. The objective of this article was to study the impact of the recession due to covid-19 on business creation. Using indicators of related and unrelated variety, the industrial diversity of 16 states of Mexico was measured. The main source of information was administrative data. The results show that a region with higher related industrial diversity has greater resilience and more firms. In times of crisis, these results could be used to assess the loss of businesses, given the type and scale of industrial variety.https://doi.org/10.2478/sbe-2022-0030start-upsregionsentropymexicocovid-19 |
spellingShingle | Kato-Vidal Enrique L. Industrial Variety, Firms and Resilience Studies in Business and Economics start-ups regions entropy mexico covid-19 |
title | Industrial Variety, Firms and Resilience |
title_full | Industrial Variety, Firms and Resilience |
title_fullStr | Industrial Variety, Firms and Resilience |
title_full_unstemmed | Industrial Variety, Firms and Resilience |
title_short | Industrial Variety, Firms and Resilience |
title_sort | industrial variety firms and resilience |
topic | start-ups regions entropy mexico covid-19 |
url | https://doi.org/10.2478/sbe-2022-0030 |
work_keys_str_mv | AT katovidalenriquel industrialvarietyfirmsandresilience |