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The effects of enterprise relief grants during COVID-19

Author

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  • Telegdy, Álmos

Abstract

I study subsidized investment loans given to companies in financial distress due to the COVID-19 pandemic. I combine matching and panel data techniques and find that sales increased by 7% and employment by 4% in firms receiving loans.

Suggested Citation

  • Telegdy, Álmos, 2024. "The effects of enterprise relief grants during COVID-19," Economics Letters, Elsevier, vol. 234(C).
    • Handle: RePEc:eee:ecolet:v:234:y:2024:i:c:s0165176523005086
    DOI: 10.1016/j.econlet.2023.111482
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    Cited by:

    1. Telegdy, Álmos & Tóth, Gábor, 2024. "A támogatott hitelezés hatásvizsgálata Magyarországon [Impact assessment of subsidised loans in Hungary]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(2), pages 113-130.

    More about this item

    Keywords

    Enterprise grant; COVID-19; Firm growth; Hungary;
    All these keywords.

    JEL classification:

    • H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies
    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis

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