Weathering the Storm: Examining the Resilience of Small and Micro Firms in Indonesia During the COVID-19 Pandemic

Dhaniel Ilyas
Additional contact information
Dhaniel Ilyas: Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI)

No 202585, LPEM FEBUI Working Papers from LPEM, Faculty of Economics and Business, University of Indonesia

Abstract: This paper examines the resilience of small and micro enterprises (SMEs) in Indonesia during the COVID-19 pandemic using panel data from the Micro and Small Industry Survey (VIMK) conducted by the Central Bureau of Statistics (BPS) in 2019, 2021, and 2022. By employing firm-level panel regressions based on 2-digit KBLI classifications and size categories, the study identifies key structural and behavioral factors associated with firm performance during the crisis period. The results reveal that digital adoption—measured by the use of digital marketing and online sales—is a critical driver of resilience for small firms. The study contributes to the growing body of evidence on how digital strategies can buffer SMEs against external economic shocks and support their post-crisis recovery.

Keywords: Small; and; Micro; Enterprises; (SMEs); —; Resilience; —; COVID-19; —; Digital; Adoption (search for similar items in EconPapers)
JEL-codes: D22 L25 L26 (search for similar items in EconPapers)
Date: 2025-85, Revised 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://lpem.org/repec/lpe/papers/WP202585.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:lpe:wpaper:202585

Access Statistics for this paper

More papers in LPEM FEBUI Working Papers from LPEM, Faculty of Economics and Business, University of Indonesia Contact information at EDIRC.
Bibliographic data for series maintained by Arianto Patunru ().