Which Businesses Will Covid-19 Disrupt and Why?
An Assessment Based on Firm-Level Data, by Stephan Hollander (Tilburg University), Laurence van Lent (Frankfurt School of Finance & Management), Tarek Alexander Hassan (Boston University) and Ahmed Tahoun (London Business School)
The authors have written a new study on the economic impact of the coronavirus. In the paper, they provide novel measures of the costs, benefits, and risks over 11,000 listed firms in 80+ countries associate with the spread of Covid-19, SARS, H1N1, and other epidemic diseases.
Their conclusion: “The scale of firm exposure to the coronavirus is unprecedented by earlier outbreaks, spans all major economies and is pervasive across all industries.”