Effect of COVID-19 Stimulus Packages on Nations’ Competitive Advantage

Q2 Business, Management and Accounting
Dheeraj Sharma, S. Pandey, Diptanshu Gaur
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引用次数: 1

Abstract

The study examines the country’s competitive advantage variations due to fiscal stimulus allocated for COVID-19 by the G-20 governments. It predicts that G-20 countries that are more likely to attract future investments from global firms will improve their trade share in the post-COVID-19 scenario. The study uses the growth-share matrix and 4E (entrenching, empowering, enterprising, enriching) framework. Findings indicate that Japan, the USA, India, Australia, and Canada have allocated significantly large stimulus as a percentage of gross domestic product (GDP) compared to their world trade share. It is likely to provide them with a competitive advantage in the future. The findings further reveal that the Governments have significantly allocated the stimulus to four sectors, that is, health, social security, industry and construction, and small and medium enterprises (SMEs). In the post-COVID-19 scenario, global firms may seek market entry or expansion strategies in these sectors in the nations mentioned above.
新冠肺炎刺激计划对国家竞争优势的影响
该研究考察了由于20国集团政府为COVID-19分配财政刺激而导致的国家竞争优势差异。报告预测,更有可能吸引全球企业未来投资的20国集团国家将在covid -19后情景中提高其贸易份额。该研究使用了增长-份额矩阵和4E(巩固、授权、进取、丰富)框架。研究结果表明,日本、美国、印度、澳大利亚和加拿大的刺激支出占其全球贸易份额的国内生产总值(GDP)的比例相当大。这很可能在未来为他们提供竞争优势。调查结果进一步显示,各国政府已将大量刺激资金分配给四个部门,即卫生、社会保障、工业和建筑以及中小型企业。在新冠肺炎疫情后的情况下,跨国公司可能会在上述国家的这些部门寻求市场进入或扩张战略。
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来源期刊
Business Perspectives and Research
Business Perspectives and Research Business, Management and Accounting-Business and International Management
CiteScore
5.00
自引率
0.00%
发文量
41
期刊介绍: Business Perspectives and Research (BPR) aims to publish conceptual, empirical and applied research. The empirical research published in BPR focuses on testing, extending and building management theory. The goal is to expand and enhance the understanding of business and management through empirical investigation and theoretical analysis. BPR is also a platform for insightful and theoretically strong conceptual and review papers which would contribute to the body of knowledge. BPR seeks to advance the understanding of for-profit and not-for-profit organizations through empirical and conceptual work. It also publishes critical review of newly released books under Book Review section. The aim is to popularize and encourage discussion on ideas expressed in newly released books connected to management and allied disciplines. BPR also periodically publishes management cases grounded in theory, and communications in the form of research notes or comments from researchers and practitioners on published papers for critiquing and/or extending thinking on the area under consideration. The overarching aim of Business Perspectives and Research is to encourage original/innovative thinking through a scientific approach.
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