TY  - GEN
T1  - EIB Working Paper 2023/05
A1  - European Investment Bank
LA  - eng
PB  - European Investment Bank
YR  - 2024
UL  - https://ebooks.jgu.edu.in/Record/doab-20.500.12854-134352
AB  - The COVID-19 shock had a strong negative effect on aggregate economic performance, with the average firm taking a hit on sales revenues and financial performance. However, the effects varied from firm to firm. Were already-struggling firms hit hardest, threatening their very survival? Or did the COVID-19 shock disproportionately deter tomorrow’s superstars at the upper end of the distribution, thus sacrificing future growth potential? This paper investigates where the COVID-19 shock hit the firm growth distribution, using graphical techniques and quantile regressions to analyse the full distribution of firm growth rates. We investigate how the COVID-19 shock relates to growth outcomes for four dependent variables: growth of sales, value added, employment, and labour productivity. Our results confirm that COVID-19 policy support reached its intended recipients.
KW  - Antiques & Collectibles
KW  - thema EDItEUR::W Lifestyle, Hobbies and Leisure::WC Antiques, vintage and collectables
ER  -