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

Pengpeng Yue, Aslihan Gizem Korkmaz, Zhichao Yin and Haigang Zhou

Emerging Markets Finance and Trade, 2021, vol. 57, issue 6, 1662-1674

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.

Date: 2021
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DOI: 10.1080/1540496X.2021.1899912

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