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...

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Main Authors: Bachas, Pierre, Brockmeyer, Anne, McNabb, Kyle, Semelet, Camille
Format: Brief
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
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
id okr-10986-34391
recordtype oai_dc
spelling okr-10986-343912021-06-14T09:58:43Z 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
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic 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
Bachas, Pierre
Brockmeyer, Anne
McNabb, Kyle
Semelet, Camille
The Impact of COVID-19 on Formal Firms : Evidence from Uganda
geographic_facet Africa
Uganda
relation MTI Practice Notes;No. 9H
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
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
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
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