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Household-owned Businesses’ Vulnerability to the COVID-19 Pandemic

  • Pengpeng Yue
  • , Aslihan Gizem Korkmaz
  • , Zhichao Yin
  • , Haigang Zhou
  • Beijing Technology and Business University
  • Dominican University of California
  • Capital University of EcoNomics and Business

Research output: Contribution to journalArticlepeer-review

49 Scopus citations

Abstract

Using a new survey conducted with Chinese households on the effects of the COVID-19 pandemic by the Survey and Research Center for China Household Finance, this study provides descriptive evidence on the impact of COVID-19 on household-owned businesses. We use ordinary least squares and ordered probit regression methods for our analyses. The results show that the pandemic has a negative impact on the gross income of household-owned businesses.
Original languageEnglish
Pages (from-to)1662-1674
Number of pages13
JournalEmerging Markets Finance and Trade
Volume57
Issue number6
DOIs
StatePublished - Jan 1 2021

Keywords

  • COVID-19
  • G50
  • Household-owned business
  • I10
  • coronavirus
  • pandemic

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