The Impact of COVID-19 on Formal Firms : Evidence from Ethiopia
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.
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| Main Authors: | , , , |
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| Format: | Brief biblioteca |
| Language: | English |
| Published: |
World Bank, Washington, DC
2020-08
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| Subjects: | CORONAVIRUS, COVID-19, PANDEMIC IMPACT, WAGE SUBSIDY, TAX REVENUE, UNEMPLOYMENT, FIRM PRODUCTIVITY, FIRM EXIT, |
| Online Access: | http://documents.worldbank.org/curated/en/212611598012154194/The-Impact-of-COVID-19-on-Formal-Firms-Evidence-from-Ethiopia http://hdl.handle.net/10986/34393 |
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dig-okr-10986343932021-06-14T09:58:18Z The Impact of COVID-19 on Formal Firms : Evidence from Ethiopia Bachas, Pierre Brockmeyer, Anne Harris, Tom Semelet, Camille CORONAVIRUS COVID-19 PANDEMIC IMPACT WAGE SUBSIDY TAX REVENUE UNEMPLOYMENT FIRM PRODUCTIVITY FIRM EXIT 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. 2020-08-28T15:34:57Z 2020-08-28T15:34:57Z 2020-08 Brief http://documents.worldbank.org/curated/en/212611598012154194/The-Impact-of-COVID-19-on-Formal-Firms-Evidence-from-Ethiopia http://hdl.handle.net/10986/34393 English MTI Practice Notes;No. 9D CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Brief Africa Ethiopia |
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Banco Mundial |
| collection |
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| country |
Estados Unidos |
| countrycode |
US |
| component |
Bibliográfico |
| access |
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| databasecode |
dig-okr |
| tag |
biblioteca |
| region |
America del Norte |
| libraryname |
Biblioteca del Banco Mundial |
| language |
English |
| topic |
CORONAVIRUS COVID-19 PANDEMIC IMPACT WAGE SUBSIDY TAX REVENUE UNEMPLOYMENT FIRM PRODUCTIVITY FIRM EXIT CORONAVIRUS COVID-19 PANDEMIC IMPACT WAGE SUBSIDY TAX REVENUE UNEMPLOYMENT FIRM PRODUCTIVITY FIRM EXIT |
| spellingShingle |
CORONAVIRUS COVID-19 PANDEMIC IMPACT WAGE SUBSIDY TAX REVENUE UNEMPLOYMENT FIRM PRODUCTIVITY FIRM EXIT CORONAVIRUS COVID-19 PANDEMIC IMPACT WAGE SUBSIDY TAX REVENUE UNEMPLOYMENT FIRM PRODUCTIVITY FIRM EXIT Bachas, Pierre Brockmeyer, Anne Harris, Tom Semelet, Camille The Impact of COVID-19 on Formal Firms : Evidence from Ethiopia |
| description |
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. |
| format |
Brief |
| topic_facet |
CORONAVIRUS COVID-19 PANDEMIC IMPACT WAGE SUBSIDY TAX REVENUE UNEMPLOYMENT FIRM PRODUCTIVITY FIRM EXIT |
| author |
Bachas, Pierre Brockmeyer, Anne Harris, Tom Semelet, Camille |
| author_facet |
Bachas, Pierre Brockmeyer, Anne Harris, Tom Semelet, Camille |
| author_sort |
Bachas, Pierre |
| title |
The Impact of COVID-19 on Formal Firms : Evidence from Ethiopia |
| title_short |
The Impact of COVID-19 on Formal Firms : Evidence from Ethiopia |
| title_full |
The Impact of COVID-19 on Formal Firms : Evidence from Ethiopia |
| title_fullStr |
The Impact of COVID-19 on Formal Firms : Evidence from Ethiopia |
| title_full_unstemmed |
The Impact of COVID-19 on Formal Firms : Evidence from Ethiopia |
| title_sort |
impact of covid-19 on formal firms : evidence from ethiopia |
| publisher |
World Bank, Washington, DC |
| publishDate |
2020-08 |
| url |
http://documents.worldbank.org/curated/en/212611598012154194/The-Impact-of-COVID-19-on-Formal-Firms-Evidence-from-Ethiopia http://hdl.handle.net/10986/34393 |
| work_keys_str_mv |
AT bachaspierre theimpactofcovid19onformalfirmsevidencefromethiopia AT brockmeyeranne theimpactofcovid19onformalfirmsevidencefromethiopia AT harristom theimpactofcovid19onformalfirmsevidencefromethiopia AT semeletcamille theimpactofcovid19onformalfirmsevidencefromethiopia AT bachaspierre impactofcovid19onformalfirmsevidencefromethiopia AT brockmeyeranne impactofcovid19onformalfirmsevidencefromethiopia AT harristom impactofcovid19onformalfirmsevidencefromethiopia AT semeletcamille impactofcovid19onformalfirmsevidencefromethiopia |
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1756575706400161792 |