1,291
Views
9
CrossRef citations to date
0
Altmetric
Articles

WHAT ARE THE IMPACTS OF COVID-19 ON SMALL BUSINESSES IN THE U.S.? EARLY EVIDENCE BASED ON THE LARGEST 50 MSAS

References

  • Amram, O., S. Amiri, R. B. Lutz, B. J. Rajan, and P. Monsivais. 2020. Development of a Vulnerability Index for Diagnosis with the Novel Coronavirus, COVID-19, in Washington State, USA. Health & Place 64 (2020):102377. doi:10.1016/j.healthplace.2020.102377.
  • Bartik, A. W., M. Bertrand, Z. Cullen, E. L. Glaeser, M. Luca, and C. Stanton. 2020. The Impact of COVID-19 on Small Business Outcomes and Expectations. Proceedings of the National Academy of Sciences 117 (30):17656–17666. doi:10.1073/pnas.2006991117.
  • Bates, T., W. D. Bradford, and R. Seamans. 2018. Minority Entrepreneurship in Twenty-First Century America. Small Business Economics 50 (3):415–427. doi:10.1007/s11187-017-9883-5.
  • Beaunoyer, E., S. Dupéré, and M. J. Guitton. 2020. COVID-19 and Digital Inequalities: Reciprocal Impacts and Mitigation Strategies. Computers in Human Behavior 111:106424. doi:10.1016/j.chb.2020.106424.
  • Crescenzi, R., D. Luca, and S. Milio. 2016. The Geography of the Economic Crisis in Europe: National Macroeconomic Conditions, Regional Structural Factors and Short-Term Economic Performance. Cambridge Journal of Regions, Economy and Society 9 (1):13–32. doi:10.1093/cjres/rsv031.
  • Di Caro, P., and U. Fratesi. 2018. Regional Determinants of Economic Resilience. The Annals of Regional Science 60 (2):235–240. doi:10.1007/s00168-017-0858-x.
  • Donthu, N., and A. Gustafsson. 2020. Effects of COVID-19 on Business and Research. Journal of Business Research 117:284. doi:10.1016/j.jbusres.2020.06.008.
  • Evenhuis, E. 2017. New Directions in Researching Regional Economic Resilience and Adaptation. Geography Compass 11 (11):e12333. doi:10.1111/gec3.12333.
  • Fairlie, R. 2020. The Impact of Covid-19 on Small Business Owners: Evidence of Early-Stage Losses from the April 2020 Current Population Survey, w27309. Cambridge, MA: National Bureau of Economic Research. doi:10.3386/w27309.
  • Flanagan, B. E., E. J. Hallisey, E. Adams, and A. Lavery. 2018. Measuring Community Vulnerability to Natural and Anthropogenic Hazards: The Centers for Disease Control and Prevention’s Social Vulnerability Index. Journal of Environmental Health 80 (10):34.
  • Fox, J. 2015. Applied Regression Analysis and Generalized Linear Models. Thousand Oaks, CA: Sage Publications.
  • Giannakis, E., and A. Bruggeman. 2017. Determinants of Regional Resilience to Economic Crisis: A European Perspective. European Planning Studies 25 (8):1394–1415. doi:10.1080/09654313.2017.1319464.
  • Golden, T., and M. L. Wendel. 2020. Public Health’s Next Step in Advancing Equity: Re-Evaluating Epistemological Assumptions to Move Social Determinants from Theory to Practice. Frontiers in Public Health 8:131. doi:10.3389/fpubh.2020.00131.
  • Gong, H., R. Hassink, J. Tan, and D. Huang. 2020. Regional Resilience in Times of a Pandemic Crisis: The Case of COVID-19 in China. Tijdschrift Voor Economische En Sociale Geografie 111 (3):497–512. doi:10.1111/tesg.12447.
  • Gostin, L. O., and L. F. Wiley. 2020. Governmental Public Health Powers during the COVID-19 Pandemic: Stay-at-Home Orders, Business Closures, and Travel Restrictions. Jama 323 (21):2137–2138. doi:10.1001/jama.2020.5460.
  • Haynes, G. W., S. M. Danes, H. L. Schrank, and Y. Lee. 2019. Survival and Success of Family-Owned Small Businesses after Hurricane Katrina: Impact of Disaster Assistance and Adaptive Capacity. Journal of Contingencies and Crisis Management 27 (2):130–144. doi:10.1111/1468-5973.12245.
  • Kakderi, C., and A. Tasopoulou. 2017. Regional Economic Resilience: The Role of National and Regional Policies. European Planning Studies 25 (8):1435–1453. doi:10.1080/09654313.2017.1322041.
  • Karaye, I. M., and J. A. Horney. 2020. The Impact of Social Vulnerability on COVID-19 in the US: An Analysis of Spatially Varying Relationships. American Journal of Preventive Medicine 59 (3):317–325. doi:10.1016/j.amepre.2020.06.006.
  • Kitsos, A., and P. Bishop. 2018. Economic Resilience in Great Britain: The Crisis Impact and Its Determining Factors for Local Authority Districts. The Annals of Regional Science 60 (2):329–347. doi:10.1007/s00168-016-0797-y.
  • Marshall, M. I., and H. L. Schrank. 2014. Small Business Disaster Recovery: A Research Framework. Natural Hazards 72 (2):597–616. doi:10.1007/s11069-013-1025-z.
  • Martin, R., and P. Sunley. 2015. On the Notion of Regional Economic Resilience: Conceptualization and Explanation. Journal of Economic Geography 15 (1):1–42. doi:10.1093/jeg/lbu015.
  • Martin, R., P. Sunley, B. Gardiner, and P. Tyler. 2016. How Regions React to Recessions: Resilience and the Role of Economic Structure. Regional Studies 50 (4):561–585. doi:10.1080/00343404.2015.1136410.
  • Nowell, B., C. P. Bodkin, and D. Bayoumi. 2017. Redundancy as A Strategy in Disaster Response Systems: A Pathway to Resilience or A Recipe for Disaster? Journal of Contingencies and Crisis Management 25 (3):123–135. doi:10.1111/1468-5973.12178.
  • NYT (New York Times). 2020a. Loan Money Runs Out while Small-Business Owners Wait in Line. April 16. https://www.nytimes.com/2020/04/16/business/coronavirus-sba-loans-out-of-money.html.
  • NYT (New York Times). 2020b. Small-Business Loan Program, Chaotic from Start, Gets 2nd Round. April 26. https://www.nytimes.com/2020/04/26/business/ppp-small-business-loans.html.
  • NYT (New York Times). 2020c. Bankers Rebuke S.B.A. As Loan System Crashes in Flood of Applications. April 27. https://www.nytimes.com/2020/04/27/business/sba-loan-system-crash.html.
  • Palekiene, O., Z. Simanaviciene, and J. Bruneckiene. 2015. The Application of Resilience Concept in the Regional Development Context. Procedia - Social and Behavioral Sciences, 20th International Scientific Conference “Economics and Management 2015 (ICEM-2015),” 213 (December):179–184. doi:10.1016/j.sbspro.2015.11.423.
  • Peacock, W. G., S. Van Zandt, Y. Zhang, and W. E. Highfield. 2014. Inequities in Long-Term Housing Recovery after Disasters. Journal of the American Planning Association 80 (4):356–371. doi:10.1080/01944363.2014.980440.
  • Ruggles, S., S. Flood, R. Goeken, J. Grover, E. Meyer, J. Pacas, and M. Sobek. 2020. IPUMS USA: Version 10.0[dataset]. Minneapolis, MN: IPUMS. doi:10.18128/D010.V10.0
  • Runyan, R. C. 2006. Small Business in the Face of Crisis: Identifying Barriers to Recovery from a Natural Disaster 1. Journal of Contingencies and Crisis Management 14 (1):12–26. doi:10.1111/j.1468-5973.2006.00477.x.
  • Sedita, S. R., I. De Noni, and L. Pilotti. 2017. Out of the Crisis: An Empirical Investigation of Place-Specific Determinants of Economic Resilience. European Planning Studies 25 (2):155–180. doi:10.1080/09654313.2016.1261804.
  • Seetharaman, P. 2020. Business Models Shifts: Impact of Covid-19. International Journal of Information Management 54:102173. doi:10.1016/j.ijinfomgt.2020.102173.
  • Tibay, V., J. Miller, A. (Y.) Chang-Richards, T. Egbelakin, E. Seville, and S. Wilkinson. 2018. Business Resilience: A Study of Auckland Hospitality Sector. Procedia Engineering 212:1217–1224. doi:10.1016/j.proeng.2018.01.157.
  • Torres, A. P., and M. I. Marshall. 2015. Does Social Capital Explain Small Business Resilience? A Panel Data Analysis Post-Katrina. 205080. 2015 AAEA & WAEA Joint Annual Meeting, San Francisco, CA: Agricultural and Applied Economics Association, July 26–28. https://ideas.repec.org/p/ags/aaea15/205080.html.
  • Tsai, J., and M. Wilson. 2020. COVID-19: A Potential Public Health Problem for Homeless Populations. The Lancet Public Health 5 (4):e186–87. doi:10.1016/S2468-2667(20)30053-0.
  • Van Zandt, S., W. G. Peacock, D. W. Henry, H. Grover, W. E. Highfield, and S. D. Brody. 2012. Mapping Social Vulnerability to Enhance Housing and Neighborhood Resilience. Housing Policy Debate 22 (1):29–55. doi:10.1080/10511482.2011.624528.
  • Ventres, W. 2017. From Social Determinants to Social Interdependency: Theory, Reflection, and Engagement. Social Medicine 11 (2):84–89.
  • Wenham, C., J. Smith, and R. Morgan. 2020. COVID-19: The Gendered Impacts of the Outbreak. The Lancet 395 (10227):846–848. doi:10.1016/S0140-6736(20)30526-2.
  • Wisner, B., P. Blaikie, T. Cannon, and I. Davis. 2003. At Risk: Natural Hazards, People’s Vulnerability and Disasters. 2nd ed. London and New York: Routledge.
  • Xiao, Y., and W. G. Peacock. 2014. Do Hazard Mitigation and Preparedness Reduce Physical Damage to Businesses in Disasters? Critical Role of Business Disaster Planning. Natural Hazards Review 15 (3):04014007. doi:10.1061/(ASCE)NH.1527-6996.0000137.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.