IDEAS home Printed from https://ideas.repec.org/a/taf/apeclt/v32y2025i3p435-440.html
   My bibliography  Save this article

Inventory stockpiling and Covid-19 pandemic performance: evidence from Taiwanese firms

Author

Listed:
  • Ngoc Thuy Mai
  • Jung-Fa Tsai
  • Dien Giau Bui

Abstract

We hypothesize that firms holding more inventory before the pandemic can perform better during the pandemic year in 2020. We collect all listed firms from Taiwan Stock Exchange and test this hypothesis. We find supportive evidence that pre-Covid inventory stockpiling is valuable and can help firms perform better during the pandemic. High inventory-holding firms will have a higher return on equity and return on assets during the pandemic. The economic significance is also non-trivial. Our study thus contributes to understanding how the pandemic can affect corporate business and what lessons we can learn from this pandemic.

Suggested Citation

  • Ngoc Thuy Mai & Jung-Fa Tsai & Dien Giau Bui, 2025. "Inventory stockpiling and Covid-19 pandemic performance: evidence from Taiwanese firms," Applied Economics Letters, Taylor & Francis Journals, vol. 32(3), pages 435-440, February.
    • Handle: RePEc:taf:apeclt:v:32:y:2025:i:3:p:435-440
    DOI: 10.1080/13504851.2023.2274301
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/13504851.2023.2274301
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/13504851.2023.2274301?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:apeclt:v:32:y:2025:i:3:p:435-440. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RAEL20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.