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dc.contributor.author
Margaretic, Paula
dc.contributor.author
Finchelstein, Diego
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dc.contributor.author
Sotelo, Agustín
dc.date.available
2024-05-13T13:33:27Z
dc.date.issued
2023-04
dc.identifier.citation
Margaretic, Paula; Finchelstein, Diego; Sotelo, Agustín; Containment Measures and Business Confidence in COVID Times: A Global Study; Cambridge University Press; Management and Organization Review; 19; 2; 4-2023; 372-413
dc.identifier.issn
1740-8776
dc.identifier.uri
http://hdl.handle.net/11336/235244
dc.description.abstract
In this article, we take a global perspective to assess the impact of the exogenous COVID pandemic shock on business confidence. Through a quantitative analysis of 31 advanced and 12 emerging economies over the period from January 2018 to December 2020, we provide a novel investigation of a unique worldwide event, in contrast to the most frequent exogenous shocks, which typically have a more limited local or regional scope. We proxy business expectations with the business confidence indicator or BCI. First, we find that the containment measures for the COVID pandemic have negatively affected business confidence, with the compulsory policies having a greater negative effect on BCI than the voluntary ones. Second, we find positive spillover effects on the local BCIs from the containment measures implemented in neighboring countries. This suggests that business people are not against compulsory measures per se, but rather that they are less inclined to assume the costs of these. Third, we find that while the severity of containment measures has been greater in emerging countries, the negative impact on BCI of these containment measures has been larger in advanced economies.
dc.format
application/pdf
dc.language.iso
eng
dc.publisher
Cambridge University Press
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dc.rights
info:eu-repo/semantics/restrictedAccess
dc.rights.uri
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
dc.subject
COVID
dc.subject
Spillover Effects
dc.subject
Business Confidence
dc.subject
Containment Measures
dc.subject.classification
Otras Economía y Negocios
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dc.subject.classification
Economía y Negocios
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dc.subject.classification
CIENCIAS SOCIALES
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dc.title
Containment Measures and Business Confidence in COVID Times: A Global Study
dc.type
info:eu-repo/semantics/article
dc.type
info:ar-repo/semantics/artículo
dc.type
info:eu-repo/semantics/publishedVersion
dc.date.updated
2024-05-13T10:42:28Z
dc.journal.volume
19
dc.journal.number
2
dc.journal.pagination
372-413
dc.journal.pais
Estados Unidos
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dc.journal.ciudad
Washington
dc.description.fil
Fil: Margaretic, Paula. Universidad Adolfo Ibañez; Chile
dc.description.fil
Fil: Finchelstein, Diego. Universidad de San Andrés; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina
dc.description.fil
Fil: Sotelo, Agustín. Universidad de San Andrés; Argentina
dc.journal.title
Management and Organization Review
dc.relation.alternativeid
info:eu-repo/semantics/altIdentifier/url/https://www.cambridge.org/core/journals/management-and-organization-review/article/abs/containment-measures-and-business-confidence-in-covid-times-a-global-study/525C3845DB81C1F9B8786C14F803EE3B
dc.relation.alternativeid
info:eu-repo/semantics/altIdentifier/doi/https://doi.org/10.1017/mor.2023.1
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