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

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  • Pengpeng Yue
  • Aslihan Gizem Korkmaz
  • Zhichao Yin
  • Haigang Zhou

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.

Suggested Citation

  • Pengpeng Yue & Aslihan Gizem Korkmaz & Zhichao Yin & Haigang Zhou, 2021. "Household-owned Businesses’ Vulnerability to the COVID-19 Pandemic," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 57(6), pages 1662-1674, May.
    • Handle: RePEc:mes:emfitr:v:57:y:2021:i:6:p:1662-1674
    DOI: 10.1080/1540496X.2021.1899912
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    7. Zhao, Dongfang & Gao, Genghe & Liu, Tao & Zhao, Zhenkun, 2024. "Population aging, digital divide, and household financial asset choices—An empirical study based on prefecture-level population census data," Finance Research Letters, Elsevier, vol. 66(C).

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