Skip to main content

Table 3 Incidence of demand and credit shocks (percentages)

From: European firm adjustment during times of economic crisis

 

Weak demand shock

Strong demand + weak credit shock

Strong demand + strong credit shock

Austria

70.5

24.0

5.4

Belgium

56.4

29.9

13.8

Czech Republic

46.6

34.6

18.8

Estonia

19.4

46.2

34.4

France

64.4

30.1

5.6

Italy

56.1

31.3

12.6

Netherlands

61.7

27.3

10.9

Poland

77.9

14.3

7.9

Spain

59.5

21.0

19.4

Total

61.6

26.6

11.9

Euro area

59.9

28.2

11.9

Non-euro area

67.3

20.9

11.7

Manufacturing

49.6

34.3

16.1

Trade

69.3

20.3

10.5

Market Services

73.1

19.9

7.0

Firm size: 5–19

65.0

19.4

15.7

Firm size: 20–49

54.9

31.4

13.7

Firm size: 50–199

64.1

25.3

10.6

Firm size: > = 200

62.6

27.1

10.3

  1. Source: WDN surveys. Note: Figures are employment-weighted and rescaled excluding “do not know” answers