政府干预缓解Covid-19经济衰退:以南非中小微企业生存为例

S. Zhou, T. Chimucheka, A. Ayandibu, M. Masuku
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摘要

本文分析了政府为缓解COVID-19大流行而采取的经济干预措施对南非中小微企业(SMMEs)生存的影响。我们使用Cox比例风险方法和King Cetshwayo区市政当局的横断面数据,涵盖了641家中小企业。该研究发现,税收减免是疫情期间用于维持中小企业生存的最重要干预措施。在此期间,现金补助和廉价信贷等其他干预措施也被采用,但效果不大。我们的研究结果支持南非政府采取的干预措施,以减轻疫情导致的封锁对小企业的负面影响。然而,我们也注意到,采取干预措施的幅度可能低于最优水平。报告建议,需要在困难时期增加并保持可持续的定向支出,以增强中小企业的抵御能力,从而加速经济发展和增长。
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Government Interventions to Ameliorate Covid-19 Recession: The Case of Small, Micro, and Medium Firm’s Survival in South Africa
This paper analyzes the impact of government economic interventions to ameliorate the COVID-19 pandemic on the survival of small, micro, and medium enterprises (SMMEs) in South Africa. We use the Cox Proportional Hazards approach and cross-sectional data from King Cetshwayo District Municipality covering 641 SMMEs. The study finds that tax relief was the most important intervention used to sustain SMMEs during the pandemic. Other interventions, such as cash grants and cheap credit, were also used during the period but had a small impact. Our findings support the interventions used by the South African government in mitigating the negative consequences of the pandemic-induced lockdown on small businesses. However, we also note that the magnitude at which the interventions were made could have been lower than what is optimal. The paper recommends the need to increase and have sustainable targeted expenditure during the difficult times to enhance the resilience of SMMEs to accelerate economic development and growth.
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来源期刊
CiteScore
1.50
自引率
0.00%
发文量
18
期刊介绍: Journal of International Commerce, Economics and Policy (JICEP) is a peer-reviewed journal that seeks to publish high-quality research papers that explore important dimensions of the global economic system (including trade, finance, investment and labor flows). JICEP is particularly interested in potentially influential research that is analytical or empirical but with heavy emphasis on international dimensions of economics, business and related public policy. Papers must aim to be thought-provoking and combine rigor with readability so as to be of interest to both researchers as well as policymakers. JICEP is not region-specific and especially welcomes research exploring the growing economic interdependence between countries and regions.
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