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EconoQuantum
versión On-line ISSN 2007-9869versión impresa ISSN 1870-6622
Resumen
BEJARANO, Hernán; HANCEVIC, Pedro y NUNEZ, Héctor M.. Economic impact of COVID-19 on small and medium businesses under voluntary and imposed restrictions. EconoQuantum [online]. 2021, vol.18, n.2, pp.23-56. Epub 27-Sep-2021. ISSN 2007-9869. https://doi.org/10.18381/eq.v18i2.7229.
Objectives:
the paper analyzes the impact that COVID-19 has had on expenditures, sales, expectations, perceptions of government policies, remedial measures, and adaptation to the crisis of the small and medium-sized service and commercial firms (SME) in the Metropolitan Area of Aguascalientes, Mexico.
Methodology:
Description of the survey results, non-parametric tests, estimation of the transition matrix, and regression analysis.
Results:
Evidence of a) a dramatic drop in income in the face of a certain inflexibility towards the reduction of expenditures, b) dissimilar strategies that firms adopt to cope with the crisis, c) negative expectations of a soon return to normality.
Limitations and implications:
Difficulty in identifying causality and generalization of the results.
Originality and value:
Extended survey that characterizes the economic situation and expectations prior to and during the COVID-19 pandemic in Mexico.
Conclusions:
Many SMES will be in a compromised economic situation in the present and near future, and we highlight the need to develop policies and strategies that improve their possibilities of survival.
Palabras llave : COVID-19; Small and medium-sized enterprises; economic survey; Mexico.