Dincer, N. Nergiz; Pektekin, Pelin; Tekin-Koru, Ayça - In: Central Bank review / Central Bank of the Republic of Turkey 23 (2023) 4, pp. 1-18
This paper presents the panorama of zombie firms in the Turkish economy, which are highly inefficient, highly indebted … activity for the period 2012-2015. Our results suggest that the number of zombie firms in Türkiye has increased. The share of … productivity, employment growth, and the investment-to-capital ratio in the economy in a robust manner. The sales of zombie firms …