The impact of COVID-19 on small and medium-sized enterprises: Evidence from two-wave phone surveys in China
This paper examines both the short-term and mid-term impact of COVID-19 restrictions on small and medium-sized enterprises (SMEs), based on two waves of phone interviews with a previously surveyed large SME sample in China. The outbreak of COVID-19 and resultant lockdowns cast a heavy toll on SMEs....
| Autores principales: | , , , , , , , , |
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| Formato: | Artículo preliminar |
| Lenguaje: | Inglés |
| Publicado: |
Center for Global Development
2020
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/143118 |
| _version_ | 1855540144330768384 |
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| author | Dai, Ruochen Feng, Hao Hu, Junpeng Jin, Quan Li, Huiwen Wang, Ranran Wang, Ruixin Xu, Lihe Zhang, Xiaobo |
| author_browse | Dai, Ruochen Feng, Hao Hu, Junpeng Jin, Quan Li, Huiwen Wang, Ranran Wang, Ruixin Xu, Lihe Zhang, Xiaobo |
| author_facet | Dai, Ruochen Feng, Hao Hu, Junpeng Jin, Quan Li, Huiwen Wang, Ranran Wang, Ruixin Xu, Lihe Zhang, Xiaobo |
| author_sort | Dai, Ruochen |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | This paper examines both the short-term and mid-term impact of COVID-19 restrictions on small and medium-sized enterprises (SMEs), based on two waves of phone interviews with a previously surveyed large SME sample in China. The outbreak of COVID-19 and resultant lockdowns cast a heavy toll on SMEs. Affected by problems of logistics blocks, labor shortages, and drops in demand, 80 percent of SMEs temporarily closed at the time of the first wave of interviews in February 2020. After reining in COVID-19, authorities largely eased lockdown restrictions in April. Consequently, most SMEs had reopened by the time of the second round of surveys in May. However, many firms, particularly export firms, ran at partial capacity, primarily due to inadequate demand. Moreover, around 18 percent of SMEs closed for good between the two waves of surveys from February to May, shedding 14 percent of total jobs. |
| format | Artículo preliminar |
| id | CGSpace143118 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2020 |
| publishDateRange | 2020 |
| publishDateSort | 2020 |
| publisher | Center for Global Development |
| publisherStr | Center for Global Development |
| record_format | dspace |
| spelling | CGSpace1431182025-12-08T10:06:44Z The impact of COVID-19 on small and medium-sized enterprises: Evidence from two-wave phone surveys in China Dai, Ruochen Feng, Hao Hu, Junpeng Jin, Quan Li, Huiwen Wang, Ranran Wang, Ruixin Xu, Lihe Zhang, Xiaobo exports surveys covid-19 entrepreneurship enterprises capacity development small and medium enterprises disease prevention This paper examines both the short-term and mid-term impact of COVID-19 restrictions on small and medium-sized enterprises (SMEs), based on two waves of phone interviews with a previously surveyed large SME sample in China. The outbreak of COVID-19 and resultant lockdowns cast a heavy toll on SMEs. Affected by problems of logistics blocks, labor shortages, and drops in demand, 80 percent of SMEs temporarily closed at the time of the first wave of interviews in February 2020. After reining in COVID-19, authorities largely eased lockdown restrictions in April. Consequently, most SMEs had reopened by the time of the second round of surveys in May. However, many firms, particularly export firms, ran at partial capacity, primarily due to inadequate demand. Moreover, around 18 percent of SMEs closed for good between the two waves of surveys from February to May, shedding 14 percent of total jobs. 2020-09-14 2024-05-22T12:12:05Z 2024-05-22T12:12:05Z Working Paper https://hdl.handle.net/10568/143118 en https://hdl.handle.net/10568/142517 https://doi.org/10.1016/j.jebo.2021.01.017 https://www.ifpri.org/blog/covid-19s-impact-chinas-small-and-medium-sized-businesses https://www.ifpri.org/blog/chinese-livestock-farms-struggle-under-covid-19-restrictions Open Access Center for Global Development Dai, Ruochen; Feng, Hao; Hu, Junpeng; Jin, Quan; Li, Huiwen; Wang, Ranran; Wang, Ruixin; Xu, Lihe; and Zhang, Xiaobo. 2020. The impact of COVID-19 on small and medium-sized enterprises: Evidence from two-wave phone surveys in China. CGD Working Paper 549. Center for Global Development. First published on September 14, 2020. https://www.cgdev.org/publication/impact-covid-19-small-and-medium-sized-enterprises-evidence-two-wave-phone-surveys-china |
| spellingShingle | exports surveys covid-19 entrepreneurship enterprises capacity development small and medium enterprises disease prevention Dai, Ruochen Feng, Hao Hu, Junpeng Jin, Quan Li, Huiwen Wang, Ranran Wang, Ruixin Xu, Lihe Zhang, Xiaobo The impact of COVID-19 on small and medium-sized enterprises: Evidence from two-wave phone surveys in China |
| title | The impact of COVID-19 on small and medium-sized enterprises: Evidence from two-wave phone surveys in China |
| title_full | The impact of COVID-19 on small and medium-sized enterprises: Evidence from two-wave phone surveys in China |
| title_fullStr | The impact of COVID-19 on small and medium-sized enterprises: Evidence from two-wave phone surveys in China |
| title_full_unstemmed | The impact of COVID-19 on small and medium-sized enterprises: Evidence from two-wave phone surveys in China |
| title_short | The impact of COVID-19 on small and medium-sized enterprises: Evidence from two-wave phone surveys in China |
| title_sort | impact of covid 19 on small and medium sized enterprises evidence from two wave phone surveys in china |
| topic | exports surveys covid-19 entrepreneurship enterprises capacity development small and medium enterprises disease prevention |
| url | https://hdl.handle.net/10568/143118 |
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