The Impact of COVID-19 on Formal Firms : Evidence from Uganda
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 Uganda, which vary the duration of the lockdown and the relative impact across sectors.
Main Authors: | , , , |
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Format: | Brief biblioteca |
Language: | English |
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World Bank, Washington, DC
2020-08
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Subjects: | CORONAVIRUS, COVID-19, PANDEMIC IMPACT, WAGE SUBSIDY, TAX REVENUE, FIRM PRODUCTIVITY, FIRM EXIT, UNEMPLOYMENT, |
Online Access: | http://documents.worldbank.org/curated/en/118401598016883716/The-Impact-of-COVID-19-on-Formal-Firms-Evidence-from-Uganda http://hdl.handle.net/10986/34391 |
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dig-okr-10986343912021-06-14T09:58:43Z The Impact of COVID-19 on Formal Firms : Evidence from Uganda Bachas, Pierre Brockmeyer, Anne McNabb, Kyle Semelet, Camille CORONAVIRUS COVID-19 PANDEMIC IMPACT WAGE SUBSIDY TAX REVENUE FIRM PRODUCTIVITY FIRM EXIT UNEMPLOYMENT 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 Uganda, which vary the duration of the lockdown and the relative impact across sectors. 2020-08-28T15:23:03Z 2020-08-28T15:23:03Z 2020-08 Brief http://documents.worldbank.org/curated/en/118401598016883716/The-Impact-of-COVID-19-on-Formal-Firms-Evidence-from-Uganda http://hdl.handle.net/10986/34391 English MTI Practice Notes;No. 9H 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 Uganda |
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CORONAVIRUS COVID-19 PANDEMIC IMPACT WAGE SUBSIDY TAX REVENUE FIRM PRODUCTIVITY FIRM EXIT UNEMPLOYMENT CORONAVIRUS COVID-19 PANDEMIC IMPACT WAGE SUBSIDY TAX REVENUE FIRM PRODUCTIVITY FIRM EXIT UNEMPLOYMENT |
spellingShingle |
CORONAVIRUS COVID-19 PANDEMIC IMPACT WAGE SUBSIDY TAX REVENUE FIRM PRODUCTIVITY FIRM EXIT UNEMPLOYMENT CORONAVIRUS COVID-19 PANDEMIC IMPACT WAGE SUBSIDY TAX REVENUE FIRM PRODUCTIVITY FIRM EXIT UNEMPLOYMENT Bachas, Pierre Brockmeyer, Anne McNabb, Kyle Semelet, Camille The Impact of COVID-19 on Formal Firms : Evidence from Uganda |
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 Uganda, 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 FIRM PRODUCTIVITY FIRM EXIT UNEMPLOYMENT |
author |
Bachas, Pierre Brockmeyer, Anne McNabb, Kyle Semelet, Camille |
author_facet |
Bachas, Pierre Brockmeyer, Anne McNabb, Kyle Semelet, Camille |
author_sort |
Bachas, Pierre |
title |
The Impact of COVID-19 on Formal Firms : Evidence from Uganda |
title_short |
The Impact of COVID-19 on Formal Firms : Evidence from Uganda |
title_full |
The Impact of COVID-19 on Formal Firms : Evidence from Uganda |
title_fullStr |
The Impact of COVID-19 on Formal Firms : Evidence from Uganda |
title_full_unstemmed |
The Impact of COVID-19 on Formal Firms : Evidence from Uganda |
title_sort |
impact of covid-19 on formal firms : evidence from uganda |
publisher |
World Bank, Washington, DC |
publishDate |
2020-08 |
url |
http://documents.worldbank.org/curated/en/118401598016883716/The-Impact-of-COVID-19-on-Formal-Firms-Evidence-from-Uganda http://hdl.handle.net/10986/34391 |
work_keys_str_mv |
AT bachaspierre theimpactofcovid19onformalfirmsevidencefromuganda AT brockmeyeranne theimpactofcovid19onformalfirmsevidencefromuganda AT mcnabbkyle theimpactofcovid19onformalfirmsevidencefromuganda AT semeletcamille theimpactofcovid19onformalfirmsevidencefromuganda AT bachaspierre impactofcovid19onformalfirmsevidencefromuganda AT brockmeyeranne impactofcovid19onformalfirmsevidencefromuganda AT mcnabbkyle impactofcovid19onformalfirmsevidencefromuganda AT semeletcamille impactofcovid19onformalfirmsevidencefromuganda |
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1756575706135920640 |