Support Policies for Small Businesses During the Covid-19 Crisis: Evidence from Club Convergence Clustering Approach

Chi Keung Lau; Dongna Zhang; Giray Gozgor

doi:10.1080/1540496X.2023.2228466

Support Policies for Small Businesses During the Covid-19 Crisis: Evidence from Club Convergence Clustering Approach

Chi Keung Lau
, Dongna Zhang
, Giray Gozgor

Research output: Contribution to journal › Article › peer-review

Abstract

This paper examines the small business net revenue club convergence clustering dynamics in 51 states in the United States during the first wave of the Covid-19 pandemic. Our analysis is based on the daily data from January 10, 2020, to June 8, 2020. The results indicate that there was only one club convergence for all states during the first wave of the Covid-19 pandemic. This evidence implies that the support policies enacted during the Covid-19 crisis for small and medium-sized enterprises were effective.

Original language	English
Journal	Emerging Markets Finance and Trade
DOIs	https://doi.org/10.1080/1540496X.2023.2228466
Publication status	Published - 5 Jul 2023
Externally published	Yes

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© 2023 Taylor & Francis Group, LLC.

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10.1080/1540496X.2023.2228466

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title = "Support Policies for Small Businesses During the Covid-19 Crisis: Evidence from Club Convergence Clustering Approach",

abstract = "This paper examines the small business net revenue club convergence clustering dynamics in 51 states in the United States during the first wave of the Covid-19 pandemic. Our analysis is based on the daily data from January 10, 2020, to June 8, 2020. The results indicate that there was only one club convergence for all states during the first wave of the Covid-19 pandemic. This evidence implies that the support policies enacted during the Covid-19 crisis for small and medium-sized enterprises were effective.",

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AU - Gozgor, Giray

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AB - This paper examines the small business net revenue club convergence clustering dynamics in 51 states in the United States during the first wave of the Covid-19 pandemic. Our analysis is based on the daily data from January 10, 2020, to June 8, 2020. The results indicate that there was only one club convergence for all states during the first wave of the Covid-19 pandemic. This evidence implies that the support policies enacted during the Covid-19 crisis for small and medium-sized enterprises were effective.

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Support Policies for Small Businesses During the Covid-19 Crisis: Evidence from Club Convergence Clustering Approach

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