Government Support and Firm Performance during COVID-19

Vista sencilla de ítem
dc.creatorDemirguc-Kunt, Asli
dc.creatorSinger, Dorothe
dc.creatorBruhn, Miriam
dc.date2023-12-19T20:47:51Z
dc.date2023-12-19T20:47:51Z
dc.date2023-12-19
dc.date.accessioned2026-07-01T00:34:29Z
dc.descriptionThis paper assesses the medium-run effects of government support to firms during the COVID-19 crisis and whether the effectiveness of this support varied with its timing. Using data from three rounds of the World Bank’s Enterprise Surveys COVID-19 Follow-up Surveys carried out between May 2020 and April 2022, it relates government support in Round 1 (received in the first half of 2020) and Round 2 (received during the second half of 2020 or early 2021) with firm performance in Round 3 (generally mid-2021). Controlling for a host of background characteristics, firms that received support in Round 1 performed better in terms of Round 3 sales, but only if they did not have continued support. Firms that also received support in Round 2 had similar Round 3 sales as those that received no support and were more likely to decrease employment. Firms that received government support only in Round 2 experienced no boost in Round 3 performance. The findings suggest that government support should be provided promptly, but it should also be phased out quickly.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/099404412122317205/IDU0d4cdf5830014b043cf0801e03451560fd5f5
dc.identifierhttps://openknowledge.worldbank.org/handle/10986/40769
dc.identifier10.1596/1813-9450-10641
dc.identifier.urihttp://hdl.handle.net/123456789/406453
dc.languageEnglish
dc.languageen
dc.publisherWashington, DC: World Bank
dc.relationPolicy Research Working Paper; 10641
dc.rightsCC BY 3.0 IGO
dc.rightshttps://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.titleGovernment Support and Firm Performance during COVID-19
dc.typeWorking Paper

Archivos

Colecciones

AgroKnow