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...

Full description

Bibliographic Details
Main Author: Kato-Vidal Enrique L.
Format: Article
Language:English
Published: Sciendo 2022-08-01
Series:Studies in Business and Economics
Subjects:
Online Access:https://doi.org/10.2478/sbe-2022-0030
_version_ 1811246599237533696
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