{"title":"Subsidized working capital loans and firm growth in times of crisis","authors":"Álmos Telegdy","doi":"10.1016/j.econlet.2024.112053","DOIUrl":null,"url":null,"abstract":"<div><div>I estimate the effects of subsidized working capital loans on Hungarian firms during the COVID-19 pandemic with panel data and matching methods. Sales and employment rose, with sales growing in expanding sectors and employment increasing in declining ones.</div></div>","PeriodicalId":11468,"journal":{"name":"Economics Letters","volume":"245 ","pages":"Article 112053"},"PeriodicalIF":2.1000,"publicationDate":"2024-11-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economics Letters","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0165176524005378","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
I estimate the effects of subsidized working capital loans on Hungarian firms during the COVID-19 pandemic with panel data and matching methods. Sales and employment rose, with sales growing in expanding sectors and employment increasing in declining ones.
期刊介绍:
Many economists today are concerned by the proliferation of journals and the concomitant labyrinth of research to be conquered in order to reach the specific information they require. To combat this tendency, Economics Letters has been conceived and designed outside the realm of the traditional economics journal. As a Letters Journal, it consists of concise communications (letters) that provide a means of rapid and efficient dissemination of new results, models and methods in all fields of economic research.