Policy support and firm performance during the COVID-19 pandemic: Evidence from Colombia

Códigos JEL: D22, L20, L25, O10

Autores:
Galindo, Arturo J.
Tovar, Jorge
Tipo de recurso:
Work document
Fecha de publicación:
2022
Institución:
Universidad de los Andes
Repositorio:
Séneca: repositorio Uniandes
Idioma:
eng
OAI Identifier:
oai:repositorio.uniandes.edu.co:1992/59268
Acceso en línea:
http://hdl.handle.net/1992/59268
Palabra clave:
COVID-19
Firms performance
Policies
Working from home
Economía
Rights
openAccess
License
http://creativecommons.org/licenses/by-nc-nd/4.0/
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dc.title.none.fl_str_mv Policy support and firm performance during the COVID-19 pandemic: Evidence from Colombia
title Policy support and firm performance during the COVID-19 pandemic: Evidence from Colombia
spellingShingle Policy support and firm performance during the COVID-19 pandemic: Evidence from Colombia
COVID-19
Firms performance
Policies
Working from home
Economía
title_short Policy support and firm performance during the COVID-19 pandemic: Evidence from Colombia
title_full Policy support and firm performance during the COVID-19 pandemic: Evidence from Colombia
title_fullStr Policy support and firm performance during the COVID-19 pandemic: Evidence from Colombia
title_full_unstemmed Policy support and firm performance during the COVID-19 pandemic: Evidence from Colombia
title_sort Policy support and firm performance during the COVID-19 pandemic: Evidence from Colombia
dc.creator.fl_str_mv Galindo, Arturo J.
Tovar, Jorge
dc.contributor.author.none.fl_str_mv Galindo, Arturo J.
Tovar, Jorge
dc.subject.keyword.none.fl_str_mv COVID-19
Firms performance
Policies
Working from home
topic COVID-19
Firms performance
Policies
Working from home
Economía
dc.subject.themes.es_CO.fl_str_mv Economía
description Códigos JEL: D22, L20, L25, O10
publishDate 2022
dc.date.accessioned.none.fl_str_mv 2022-07-28T13:59:55Z
dc.date.available.none.fl_str_mv 2022-07-28T13:59:55Z
dc.date.issued.none.fl_str_mv 2022-07
dc.type.spa.fl_str_mv Documento de trabajo
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dc.identifier.doi.none.fl_str_mv 10.57784/1992/59268
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url http://hdl.handle.net/1992/59268
dc.language.iso.es_CO.fl_str_mv eng
language eng
dc.relation.ispartofseries.none.fl_str_mv Documentos CEDE;2022-27
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dc.format.extent.es_CO.fl_str_mv 32 páginas
dc.format.mimetype.es_CO.fl_str_mv application/pdf
dc.publisher.spa.fl_str_mv Universidad de los Andes
dc.publisher.faculty.es_CO.fl_str_mv Facultad de Economía
institution Universidad de los Andes
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spelling Galindo, Arturo J.06f73dd5-4186-4024-8173-998be67ab5c4600Tovar, Jorge9c9e985e-2f20-4cdf-a654-d200e2d530ac6002022-07-28T13:59:55Z2022-07-28T13:59:55Z2022-071657-7191http://hdl.handle.net/1992/5926810.57784/1992/59268instname:Universidad de los Andesreponame:Repositorio Institucional Sénecarepourl:https://repositorio.uniandes.edu.co/Códigos JEL: D22, L20, L25, O10The pandemic hit the Colombian economy as hard as other countries. Using the novel Business Pulse Survey, the paper test's the effect of government support and COVID-19 cases on firms' performance. A one standard deviation increase in government support at the average intensity of the pandemic increased the percentage of firms reporting normal operations by 4.8%. The Spring 2021 demonstrations, however, impacted negatively 13% each month it lasted. Firms' financial distress also counters the impact of government support, suggesting the need to complement firms' assistance with elements to ease their access to financial markets. Lastly, we show that investing in digital solutions was positively related to firms' performance but working from home had the opposite sign.32 páginasapplication/pdfengUniversidad de los AndesFacultad de EconomíaDocumentos CEDE;2022-27https://ideas.repec.org/p/col/000089/020330.htmlhttp://creativecommons.org/licenses/by-nc-nd/4.0/info:eu-repo/semantics/openAccesshttp://purl.org/coar/access_right/c_abf2Policy support and firm performance during the COVID-19 pandemic: Evidence from ColombiaDocumento de trabajoinfo:eu-repo/semantics/workingPaperinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_8042http://purl.org/coar/version/c_970fb48d4fbd8a85Texthttp://purl.org/redcol/resource_type/WPCOVID-19Firms performancePoliciesWorking from homeEconomíaPublicationORIGINALdcede2022-27.pdfdcede2022-27.pdfapplication/pdf9810408https://repositorio.uniandes.edu.co/bitstreams/5fb59797-31f4-47d2-9ff4-20e42109560e/download37673ff5b2fc2ec97218c48574f1064cMD52TEXTdcede2022-27.pdf.txtdcede2022-27.pdf.txtExtracted texttext/plain64561https://repositorio.uniandes.edu.co/bitstreams/910ccfe0-e70d-4bd0-babe-c994b175cf85/download42f74c838c169622796fe074f36b7372MD53LICENSElicense.txtlicense.txttext/plain; charset=utf-81810https://repositorio.uniandes.edu.co/bitstreams/9ec8c514-d94c-416e-acec-6c13148c65df/download5aa5c691a1ffe97abd12c2966efcb8d6MD51THUMBNAILdcede2022-27.pdf.jpgdcede2022-27.pdf.jpgIM Thumbnailimage/jpeg19160https://repositorio.uniandes.edu.co/bitstreams/704badae-a980-46c6-b80a-8c666ee63ebb/download80d171c11010e6e589053dc8d2f6e38aMD541992/59268oai:repositorio.uniandes.edu.co:1992/592682024-06-04 15:10:41.424http://creativecommons.org/licenses/by-nc-nd/4.0/open.accesshttps://repositorio.uniandes.edu.coRepositorio institucional Sénecaadminrepositorio@uniandes.edu.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