EIB Working Paper 2023/05
The COVID-19 shock had a strong negative effect on aggregate economic performance, with the average firm taking a hit on sales revenues and financial performance. However, the effects varied from firm to firm. Were already-struggling firms hit hardest, threatening their very survival? Or did the COV...
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| Format: | Online |
| Idioma: | anglès |
| Publicat: |
European Investment Bank
2024
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| Matèries: | |
| Accés en línia: | OCN: 1404455613 |
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| _version_ | 1863737809518460928 |
|---|---|
| author | European Investment Bank |
| author_browse | European Investment Bank |
| author_facet | European Investment Bank |
| author_sort | European Investment Bank |
| collection | Directory of Open Access Books |
| description | The COVID-19 shock had a strong negative effect on aggregate economic performance, with the average firm taking a hit on sales revenues and financial performance. However, the effects varied from firm to firm. Were already-struggling firms hit hardest, threatening their very survival? Or did the COVID-19 shock disproportionately deter tomorrow’s superstars at the upper end of the distribution, thus sacrificing future growth potential? This paper investigates where the COVID-19 shock hit the firm growth distribution, using graphical techniques and quantile regressions to analyse the full distribution of firm growth rates. We investigate how the COVID-19 shock relates to growth outcomes for four dependent variables: growth of sales, value added, employment, and labour productivity. Our results confirm that COVID-19 policy support reached its intended recipients. |
| format | Online |
| id | doab-20.500.12854ir-134352 |
| institution | Directory of Open Access Books |
| language | eng |
| publishDate | 2024 |
| publishDateRange | 2024 |
| publishDateSort | 2024 |
| publisher | European Investment Bank |
| publisherStr | European Investment Bank |
| record_format | ojs |
| spelling | doab-20.500.12854ir-1343522025-07-31T11:38:16Z EIB Working Paper 2023/05 European Investment Bank Antiques & Collectibles thema EDItEUR::W Lifestyle, Hobbies and Leisure::WC Antiques, vintage and collectables The COVID-19 shock had a strong negative effect on aggregate economic performance, with the average firm taking a hit on sales revenues and financial performance. However, the effects varied from firm to firm. Were already-struggling firms hit hardest, threatening their very survival? Or did the COVID-19 shock disproportionately deter tomorrow’s superstars at the upper end of the distribution, thus sacrificing future growth potential? This paper investigates where the COVID-19 shock hit the firm growth distribution, using graphical techniques and quantile regressions to analyse the full distribution of firm growth rates. We investigate how the COVID-19 shock relates to growth outcomes for four dependent variables: growth of sales, value added, employment, and labour productivity. Our results confirm that COVID-19 policy support reached its intended recipients. 2024-02-18T04:04:32Z 2024-02-18T04:04:32Z 2024-02-17T05:30:57Z 2023 book OCN: 1404455613 https://library.oapen.org/handle/20.500.12657/87753 https://directory.doabooks.org/handle/20.500.12854/134352 eng open access image/jpeg image/jpeg image/jpeg image/jpeg Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International https://library.oapen.org/bitstream/20.500.12657/87753/1/SID-0000004487831_optimized.pdf https://library.oapen.org/bitstream/20.500.12657/87753/1/SID-0000004487831_optimized.pdf https://library.oapen.org/bitstream/20.500.12657/87753/1/SID-0000004487831_optimized.pdf https://library.oapen.org/bitstream/20.500.12657/87753/1/SID-0000004487831_optimized.pdf European Investment Bank European Investment Bank 10.2867/551079 10.2867/551079 feca012f-a3d8-4aac-95aa-b6cf4bdbed7c Knowledge Unlatched Knowledge Unlatched (KU) KU Open Services European Investment Bank open access |
| spellingShingle | Antiques & Collectibles thema EDItEUR::W Lifestyle, Hobbies and Leisure::WC Antiques, vintage and collectables European Investment Bank EIB Working Paper 2023/05 |
| title | EIB Working Paper 2023/05 |
| title_full | EIB Working Paper 2023/05 |
| title_fullStr | EIB Working Paper 2023/05 |
| title_full_unstemmed | EIB Working Paper 2023/05 |
| title_short | EIB Working Paper 2023/05 |
| title_sort | eib working paper 2023 05 |
| topic | Antiques & Collectibles thema EDItEUR::W Lifestyle, Hobbies and Leisure::WC Antiques, vintage and collectables |
| topic_facet | Antiques & Collectibles thema EDItEUR::W Lifestyle, Hobbies and Leisure::WC Antiques, vintage and collectables |
| url | OCN: 1404455613 |
| work_keys_str_mv | AT europeaninvestmentbank eibworkingpaper202305 |