Productivity, Wages, and Profitability of Firms Using COVID-19-related Support Policies (Japanese)

Masayuki Morikawa

Policy Discussion Papers (Japanese) from Research Institute of Economy, Trade and Industry (RIETI)

Abstract: This study, which uses original firm survey data on the use of support policies related to the COVID-19 pandemic linked with government statistics, documents productivity, wages, and profitability of the supported firms before the COVID-19 pandemic. The result indicates that the firms using support policies had lower productivity, wages, and profitability relative to the non-using firms before the pandemic. Firms that used multiple policy measures and those that used support policies repeatedly tended to show additionally lower performance.

Pages: 16 pages
Date: 2022-02
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Persistent link: https://EconPapers.repec.org/RePEc:eti:rpdpjp:22002

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