ArticleJournal of the Japanese and international economies2023
Cross-country evidence on the allocation of COVID-19 government subsidies and consequences for productivity.
Article in Journal of the Japanese and international economies, 2023. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 2 papers.
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The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.
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Who cites it
2 citing papers in PubMed.
- The Asymmetric Impact of COVID-19: A Novel Approach to Quantifying Financial Distress across Industries.European economic review · 2023Article
- Fiscal capacity and commercial bank lending under COVID-19.Journal of the Japanese and international economies · 2023Article
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Authors and funding
3 authors.
Funding
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Abstract
We study the consequences of the Covid-19 pandemic and related policy support on productivity. We employ an extensive micro-distributed exercise to access otherwise unavailable individual data on firm performance and government subsidies. Our cross-country evidence for five EU countries shows that the pandemic led to a significant short-term decline in aggregate productivity and the direct support to firms had only a limited positive effect on productivity developments. A thorough comparative analysis of the distribution of employment and overall direct subsidies, considering separately also relative firm-level size of support and the probability of being supported, reveals ambiguous cross-country results related to the firm-level productivity and points to the decisive role of other firm characteristics.
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