{"title":"Is COVID-19 Causing More Business Closures in Poor and Minority Neighborhoods?","authors":"Yasuyuki Yas Motoyama","doi":"10.1177/08912424221086927","DOIUrl":null,"url":null,"abstract":"<p><p>We are starting to understand the magnitude of economic damage from the COVID-19 pandemic. Current estimates cover the national or state level, but tell us little about how massive business closures may be affecting urban vitality at the intrametropolitan level. A particular concern is whether urban areas with high poor or minority populations are more deeply affected. This paper combines InfoGroup Historic Business Data and Google Map API to analyze business closures at the neighborhood level in Franklin County, Ohio, encompassing the Columbus Metropolitan Area. As expected, retail and restaurant sectors had the highest number of closures, but closure rates were higher in other sectors. Descriptive and multivariate analyzes reveal that downtown Columbus has been severely affected, but no disadvantaging effect for communities of color or neighborhoods with concentrations of poor residents is found to be statistically significant.</p>","PeriodicalId":47367,"journal":{"name":"Economic Development Quarterly","volume":"36 2","pages":"124-133"},"PeriodicalIF":1.7000,"publicationDate":"2022-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8922045/pdf/10.1177_08912424221086927.pdf","citationCount":"3","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economic Development Quarterly","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1177/08912424221086927","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"DEVELOPMENT STUDIES","Score":null,"Total":0}
引用次数: 3
Abstract
We are starting to understand the magnitude of economic damage from the COVID-19 pandemic. Current estimates cover the national or state level, but tell us little about how massive business closures may be affecting urban vitality at the intrametropolitan level. A particular concern is whether urban areas with high poor or minority populations are more deeply affected. This paper combines InfoGroup Historic Business Data and Google Map API to analyze business closures at the neighborhood level in Franklin County, Ohio, encompassing the Columbus Metropolitan Area. As expected, retail and restaurant sectors had the highest number of closures, but closure rates were higher in other sectors. Descriptive and multivariate analyzes reveal that downtown Columbus has been severely affected, but no disadvantaging effect for communities of color or neighborhoods with concentrations of poor residents is found to be statistically significant.
期刊介绍：
Economic development—jobs, income, and community prosperity—is a continuing challenge to modern society. To meet this challenge, economic developers must use imagination and common sense, coupled with the tools of public and private finance, politics, planning, micro- and macroeconomics, engineering, and real estate. In short, the art of economic development must be supported by the science of research. And only one journal—Economic Development Quarterly: The Journal of American Economic Revitalization (EDQ)—effectively bridges the gap between academics, policy makers, and practitioners and links the various economic development communities.
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