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Impact of COVID-19 on outputs of small and medium enterprises in Russia: A spatial view

Author

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  • Anastasia Sherubneva

    (HSE University, Moscow, Russian Federation)

Abstract

This paper examines the impact of the COVID‑19 pandemic on firm performance in different parts of Russia. We construct regressions explaining the revenue of small and medium-sized Russian firms, taking into account their individual, spatial, and regional characteristics. The strictness of the quarantine during the pandemic did not affect firm performance, while agglomeration effects and the situation in neighbouring regions became less influential on business performance during the COVID‑19 pandemic. Fast-growing regions also stimulate the development of surrounding areas, while the impact of agglomeration effects on firms is weaker in Eastern Russia.

Suggested Citation

  • Anastasia Sherubneva, 2025. "Impact of COVID-19 on outputs of small and medium enterprises in Russia: A spatial view," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 79, pages 121-143.
    • Handle: RePEc:ris:apltrx:021524
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    References listed on IDEAS

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    Keywords

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    JEL classification:

    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • R32 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Other Spatial Production and Pricing Analysis

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