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The Impact of COVID-19 on Formal Firms
Pierre Bachas
Anne Brockmeyer
Tom Harris
Camille Semelet
其他書名
Evidence from Ethiopia
出版
2020
URL
http://books.google.com.hk/books?id=Xe-DzgEACAAJ&hl=&source=gbs_api
註釋
The COVID19 (coronavirus) pandemic and associated containment measures are expected to cause far-reaching damage to economies around the world. Firms are suffering from reduced demand due to movement restrictions, from reduced labor supply and from constraints to sourcing material inputs. The breakup of otherwise healthy businesses in response to a temporary shock implies large social costs. Governments are therefore intent on designing emergency policies to keep businesses afloat. In this brief, the authors present simulations using firm-level tax records from Ethiopia, which vary the duration of the lockdown and the relative impact across sectors.