COVID-19 challenges and firm responses: Analysis of a city-wide census in a developing country

Authors

Bryan S. Weber, CUNY College of Staten IslandFollow
Toan Luu Duc Huynh, University of Economics Ho Chi Minh City (UEH)

Document Type

Article

Publication Date

1-5-2022

Abstract

We use the unique data set of 16,300 firms' responses for the large‐scale census survey in an urban area at Ho Chi Minh City (Vietnam) to study how firms perceived their problems and responded to during the COVID‐19 pandemic. We provide estimates of 65 cross‐associations between a firm's challenges during the pandemic and their responses. We find several firm characteristics that suggest increased likelihood of pandemic response, including some, such as state ownership, which are typically associated with being slow to respond to market conditions. A theoretical model is posited that matches with the rapidly declared survey response.

Comments

This work was originally published in Managerial and Decision Economics available at doi: 10.1002/mde.3517

This article is being made freely available through PubMed Central as part of the COVID-19 public health emergency response. It can be used for unrestricted research re-use and analysis in any form or by any means with acknowledgement of the original source.