The Impact of COVID-19 on Formal Firms : Evidence from Ethiopia

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...

Full description

Bibliographic Details
Main Authors: Bachas, Pierre, Brockmeyer, Anne, Harris, Tom, Semelet, Camille
Format: Brief
Language:English
Published: World Bank, Washington, DC 2020
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
id okr-10986-34393
recordtype oai_dc
spelling okr-10986-343932021-06-14T09:58:18Z 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
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
UNEMPLOYMENT
FIRM PRODUCTIVITY
FIRM EXIT
spellingShingle 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
geographic_facet Africa
Ethiopia
relation MTI Practice Notes;No. 9D
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
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
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
_version_ 1764480805694865408

Similar Items