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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w28314 |
来源ID | Working Paper 28314 |
The Impact of COVID-19 on US Firms | |
Nicholas Bloom; Robert S. Fletcher; Ethan Yeh | |
发表日期 | 2021-01-25 |
出版年 | 2021 |
语种 | 英语 |
摘要 | We use survey data on an opt-in panel of around 2,500 US small businesses to assess the impact of COVID-19. We find a significant negative sales impact that peaked in Quarter 2 of 2020, with an average loss of 29% in sales. The large negative impact masks significant heterogeneity, with over 40% of firms reporting zero or a positive impact, while almost a quarter report losses of more than 50%. These impacts also appear to be persistent, with firms reporting the largest sales drops in mid-2020 still forecasting large sales losses a year later in mid-2021. In terms of business types, we find that the smallest offline firms experienced sales drops of over 40% compared to less than 10% for the largest online firms. Finally, in terms of owners, we find female and black owners reported significantly larger drops in sales. Owners with a humanities degree also experienced far larger losses, while those with a STEM degree saw the least impact. |
主题 | Macroeconomics ; Labor Economics ; Industrial Organization ; COVID-19 |
URL | https://www.nber.org/papers/w28314 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/586029 |
推荐引用方式 GB/T 7714 | Nicholas Bloom,Robert S. Fletcher,Ethan Yeh. The Impact of COVID-19 on US Firms. 2021. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w28314.pdf(1124KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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