The impact of COVID-19 on small and medium-sized enterprises: Evidence from two-wave phone surveys in China

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cg.authorship.typesCGIAR single centreen
cg.authorship.typesCGIAR and developing country instituteen
cg.contributor.crpPolicies, Institutions, and Markets
cg.contributor.donorFord Foundationen
cg.contributor.donorPeking Universityen
cg.contributor.donorNational Natural Science Foundation of Chinaen
cg.coverage.countryChina
cg.coverage.iso3166-alpha2CN
cg.coverage.regionAsia
cg.coverage.regionEastern Asia
cg.creator.identifierxiaobo zhang: 0000-0002-4981-9565
cg.identifier.projectIFPRI - Development Strategy and Governance Division
cg.identifier.publicationRankNot ranked
cg.identifier.urlhttps://www.cgdev.org/publication/impact-covid-19-small-and-medium-sized-enterprises-evidence-two-wave-phone-surveys-chinaen
cg.placeWashington, DCen
cg.reviewStatusPeer Reviewen
dc.contributor.authorDai, Ruochenen
dc.contributor.authorFeng, Haoen
dc.contributor.authorHu, Junpengen
dc.contributor.authorJin, Quanen
dc.contributor.authorLi, Huiwenen
dc.contributor.authorWang, Ranranen
dc.contributor.authorWang, Ruixinen
dc.contributor.authorXu, Liheen
dc.contributor.authorZhang, Xiaoboen
dc.date.accessioned2024-05-22T12:12:05Zen
dc.date.available2024-05-22T12:12:05Zen
dc.identifier.urihttps://hdl.handle.net/10568/143118
dc.titleThe impact of COVID-19 on small and medium-sized enterprises: Evidence from two-wave phone surveys in Chinaen
dcterms.abstractThis paper examines both the short-term and mid-term impact of COVID-19 restrictions on small and medium-sized enterprises (SMEs), based on two waves of phone interviews with a previously surveyed large SME sample in China. The outbreak of COVID-19 and resultant lockdowns cast a heavy toll on SMEs. Affected by problems of logistics blocks, labor shortages, and drops in demand, 80 percent of SMEs temporarily closed at the time of the first wave of interviews in February 2020. After reining in COVID-19, authorities largely eased lockdown restrictions in April. Consequently, most SMEs had reopened by the time of the second round of surveys in May. However, many firms, particularly export firms, ran at partial capacity, primarily due to inadequate demand. Moreover, around 18 percent of SMEs closed for good between the two waves of surveys from February to May, shedding 14 percent of total jobs.en
dcterms.accessRightsOpen Access
dcterms.bibliographicCitationDai, Ruochen; Feng, Hao; Hu, Junpeng; Jin, Quan; Li, Huiwen; Wang, Ranran; Wang, Ruixin; Xu, Lihe; and Zhang, Xiaobo. 2020. The impact of COVID-19 on small and medium-sized enterprises: Evidence from two-wave phone surveys in China. CGD Working Paper 549. Center for Global Development. First published on September 14, 2020. https://www.cgdev.org/publication/impact-covid-19-small-and-medium-sized-enterprises-evidence-two-wave-phone-surveys-chinaen
dcterms.isPartOfCGD Working Paperen
dcterms.issued2020-09-14
dcterms.languageen
dcterms.licenseCC-BY-NC-4.0
dcterms.publisherCenter for Global Developmenten
dcterms.relationhttps://hdl.handle.net/10568/142517en
dcterms.relationhttps://doi.org/10.1016/j.jebo.2021.01.017en
dcterms.relationhttps://www.ifpri.org/blog/covid-19s-impact-chinas-small-and-medium-sized-businessesen
dcterms.relationhttps://www.ifpri.org/blog/chinese-livestock-farms-struggle-under-covid-19-restrictionsen
dcterms.replaceshttps://ebrary.ifpri.org/digital/collection/p15738coll5/id/7407en
dcterms.subjectexportsen
dcterms.subjectsurveysen
dcterms.subjectcovid-19en
dcterms.subjectentrepreneurshipen
dcterms.subjectenterprisesen
dcterms.subjectcapacity developmenten
dcterms.subjectsmall and medium enterprisesen
dcterms.subjectdisease preventionen
dcterms.typeWorking Paper

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